SUNE Trade on Aug 22, 2013 09:56 from mirko_BOWS: Tradervue User Stock Trades.

$SUNE was gapping up premarket so I played opening range breakout and it was perfect trade with decent profit. But then later on during the day I saw it flagging intraday and entered again but this time it was a small pop and could not hold it so in the end lost most of the profit in my first trade and ended up with a minimal gain.

What did I miss in the second trade guys? I find it happening a lot so could use any help.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-08-22 09:56:01	SUNE	buy	$8.130	long
2013-08-22 09:56:03	SUNE	buy	$8.133	long
2013-08-22 09:56:03	SUNE	buy	$8.140	long
2013-08-22 10:02:38	SUNE	sell	$8.280	long
2013-08-22 10:02:38	SUNE	sell	$8.275	long
2013-08-22 10:02:38	SUNE	sell	$8.280	long
2013-08-22 10:02:38	SUNE	sell	$8.280	long
2013-08-22 10:02:38	SUNE	sell	$8.280	long
2013-08-22 10:02:38	SUNE	sell	$8.275	0
2013-08-22 10:59:28	SUNE	buy	$8.120	long
2013-08-22 11:19:15	SUNE	sell	$8.020	long
2013-08-22 11:19:15	SUNE	sell	$8.030	long
2013-08-22 11:19:15	SUNE	sell	$8.030	long
2013-08-22 11:19:15	SUNE	sell	$8.030	long
2013-08-22 11:19:15	SUNE	sell	$8.020	long
2013-08-22 11:19:15	SUNE	sell	$8.020	long
2013-08-22 11:19:15	SUNE	sell	$8.030	long
2013-08-22 11:19:15	SUNE	sell	$8.025	long
2013-08-22 11:19:15	SUNE	sell	$8.025	long
2013-08-22 11:19:15	SUNE	sell	$8.025	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SUNE&trade=569883&end=20130921&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SUNE&trade=569883&end=20130822132415&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

NWJames2_BOWS

2013-08-22 17:49:30

nice sell on first trade. no pattern on 2nd trade. it only bounce above MA. Need to make sure there is decent consolidation pattern and stop could be tighter. Hope I'm too direct with you. :) just trying to help you

markmandy54_BOWS

2013-08-22 22:02:22

That's great info James, agree with your feedback

mirko_BOWS

2013-08-23 02:46:38

@NWJames:
Do not worry about being too direct, that kind of feedback is something that I need and I learn so much from it so thank you for it my friend!

You are right about no pattern on the second trade, I did manage to "see" a flag pattern in it but it was far from perfect or a decent one so it was my mistake for sure.

SUNE Trade on Aug 22, 2013 09:56 from mirko_BOWS: Tradervue User Stock Trades.

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