CHRS Trade on May 17, 2017 09:32 from Boston: Tradervue User Stock Trades.

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Boston

 

I made a few mistakes on this stock today. At the open for the ORB setup, it wasn't the cleanest setup and I went in too big. Also, on the daily chart, it wasn't the biggest resistance level, but there was still a level of resistance that this was around and couldn't break today. The market was also taking a shit today, so a combination of a C quality setup, longing into minor resistance, bad luck on the SPY taking a shit, and going in too big because I was cocky for starting the week good caused for an unnecessary big loss. I did stop out at the right time though.

On my second trade, I saw that this stock was consolidating sideways but again, still wasn't very clean. At the point when I was thinking about entering, this started to spike with some volume. I chased and got filled on all 4 partials at $24.20 and it sold off very quickly and I had to cover everything for a loss. So I chased. The setup was good, but I chased so it was another big loss.


Execution detail:

Date/time Symbol Side Price Position
2017-05-17 09:32:04 CHRS buy $24.150 long
2017-05-17 09:33:06 CHRS buy $24.200 long
2017-05-17 09:33:52 CHRS sell $23.950 0
2017-05-17 09:57:24 CHRS buy $24.200 long
2017-05-17 09:57:25 CHRS buy $24.200 long
2017-05-17 09:57:25 CHRS buy $24.200 long
2017-05-17 09:57:25 CHRS buy $24.200 long
2017-05-17 09:57:33 CHRS sell $24.150 long
2017-05-17 09:57:42 CHRS sell $24.000 long
2017-05-17 09:57:47 CHRS sell $24.050 0


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