RRGB Trade on Aug 21, 2013 11:17 from oly_BOWS: Tradervue User Stock Trades.

Snapback short - I shorted it as it broke lows of the day.

Entry: 67.25 (67.28 actual)
Stop: 67.75
Target: 66.25

As it started pulling up out of congestion I covered.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-08-21 11:17:41	RRGB	sell	$67.280	short
2013-08-21 12:31:11	RRGB	buy	$66.960	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=RRGB&trade=567708&end=20130920&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=RRGB&trade=567708&end=20130821143611&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

markmandy54_BOWS

2013-08-22 10:34:34

Nice short, seemed a little chasing but overall nice trade. Try taking partials into those sell spikes down around 66.70ish, book some.

oly_BOWS

2013-08-22 18:09:37

Definitely should have pulled some off when it went flat for so long. For starters I have been trying to never scale until I hit 2x risk target - my tendency without that is to sell too soon.

markmandy54_BOWS

2013-08-22 22:05:13

I definitely want to know the outcome on that as i have the same questions as we'll always realize MAX loss on losers, but when take partials from the rips it skews the R:R.

RRGB Trade on Aug 21, 2013 11:17 from oly_BOWS: Tradervue User Stock Trades.

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