WB Trade on May 16, 2017 10:01 from Boston: Tradervue User Stock Trades.

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Boston

 

My first trade was because this stock had pulled back to VWAP and MAs nice and slowly on the 5 min chart. I got long when a new 5 min candle broke the high of the last 5 min candle and that's where the bulk of the profits came from.

My second entry was rushed because I thought it was popping, but the setup was under developed. I got in small and lost on the trade giving back a small amount of gains.

I was also early on the 3rd entry but luckily my stop wasn't hit and I added when I had a little bit of confirmation that this was going to work. I didn't want to risk my whole days gain, so I was only risking about half of a full position even though this was an AWESOME setup. Since I'm so used to trading the 1 min charts now, it's hard to hold for the 5 min candles. I was also watching my PNL too closely and not trading the setup. Because of this, I got out waaaaay too early in hindsight. My exits were way too close to each other too and I needed to let this ride. There was no resistance anywhere ahead and this had all the characteristics to run...

2/3 on this stock.


Execution detail:

Date/time Symbol Side Price Position
2017-05-16 10:01:28 WB buy $72.970 long
2017-05-16 10:01:37 WB buy $73.090 long
2017-05-16 10:14:06 WB sell $74.420 long
2017-05-16 10:19:50 WB sell $74.240 long
2017-05-16 10:19:55 WB sell $73.870 0
2017-05-16 10:25:53 WB buy $74.300 long
2017-05-16 10:28:55 WB sell $73.620 0
2017-05-16 10:33:50 WB buy $73.910 long
2017-05-16 10:40:36 WB buy $73.820 long
2017-05-16 10:40:48 WB buy $73.920 long
2017-05-16 10:45:44 WB sell $74.780 long
2017-05-16 10:48:10 WB sell $74.960 long
2017-05-16 10:50:39 WB sell $75.040 long
2017-05-16 10:51:12 WB sell $75.270 long
2017-05-16 10:52:09 WB sell $75.340 long
2017-05-16 10:52:34 WB sell $75.340 0


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