FB Trade on Aug 14, 2013 13:00 from shindigBOWS: Tradervue User Stock Trades.

Loss -$7.00 -
Should have waited for intra day confirmation of resistance B/O over 37.29 or 37.61 and momentum
Noticed the downtrend, stopped out at $37.10

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-08-14 13:00:00	FB	buy	$37.170	long
2013-08-14 13:29:00	FB	sell	$37.100	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=FB&trade=561618&end=20130913&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=FB&trade=561618&end=20130814160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2013-08-14 17:33:27

No setup on daily just yet. and see this intrady setup. sloppy. but no setup either. http://screencast.com/t/az5ZEftc

shindigBOWS

2013-08-14 19:52:44

Ya, This was not thought out and proved to me that I need to validate a set up.
I must stop watching CNBC when I trade now....Lead the sheep to slaughter!

FB Trade on Aug 14, 2013 13:00 from shindigBOWS: Tradervue User Stock Trades.

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