Shared by
johnc_BOWS
Shares traded: 2000
Closed P&L: $-50.00
Assumption and Play:
Thought it was bear flagging. It was down quite a bit and I had a feeling it would drop further since SPX was falling at the point of my entry.
Outcome:
Realized that I had sold it at the LOD. Exited when I realized my pattern was invalid (it started crossing MAs).
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-08-16 13:36:44 | WLT | sell | $12.720 | short |
| 2013-08-16 13:36:44 | WLT | sell | $12.720 | short |
| 2013-08-16 13:36:44 | WLT | sell | $12.720 | short |
| 2013-08-16 13:36:44 | WLT | sell | $12.720 | short |
| 2013-08-16 13:36:45 | WLT | sell | $12.720 | short |
| 2013-08-16 13:36:45 | WLT | sell | $12.720 | short |
| 2013-08-16 13:36:45 | WLT | sell | $12.720 | short |
| 2013-08-16 13:36:45 | WLT | sell | $12.720 | short |
| 2013-08-16 13:36:45 | WLT | sell | $12.720 | short |
| 2013-08-16 13:36:45 | WLT | sell | $12.720 | short |
| 2013-08-16 13:50:04 | WLT | buy | $12.770 | short |
| 2013-08-16 13:50:04 | WLT | buy | $12.770 | short |
| 2013-08-16 13:50:04 | WLT | buy | $12.770 | short |
| 2013-08-16 13:50:07 | WLT | buy | $12.770 | short |
| 2013-08-16 13:50:07 | WLT | buy | $12.770 | short |
| 2013-08-16 13:50:07 | WLT | buy | $12.770 | short |
| 2013-08-16 13:50:07 | WLT | buy | $12.770 | 0 |
Comments
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
Looked oversold to go short. Your 1st entry up at 13.20ish was awesome. That's the one to let the last few ride down all day with a stop at B/E.