ADSK Trade on Aug 23, 2013 09:32 from shindigBOWS: Tradervue User Stock Trades.

Gain $156.00
Chasing a call after the B/O,sold on first wick drop
Second position was a poor attempt at calling the top and getting in on the turn around.
I got out when I saw profits, I should have held this, hind sight is 20/20!

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-08-23 09:32:00	ADSK	sell	$40.140	short
2013-08-23 09:32:00	ADSK	buy	$39.750	0
2013-08-23 09:45:00	ADSK	sell	$41.144	short
2013-08-23 09:55:00	ADSK	buy	$40.910	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ADSK&trade=570546&end=20130922&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ADSK&trade=570546&end=20130823121500&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ADSK&trade=570546&end=20130823101700&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-08-23 19:18:20

no setup there

markmandy54_BOWS

2013-08-23 19:41:01

1st short looked a little crazy but the 2nd one looked awesome as you hit the perfect short, let those bad boys run.

shindigBOWS

2013-08-23 22:30:42

Agreed, no set up
Should have left it alone

markmandy54_BOWS

2013-08-23 23:17:03

Your second short was a gorgeous reversion short. Weekly resistance around 41.50ish, super extended on run-up. That's a high prob reversion worth the risk in my book.

ADSK Trade on Aug 23, 2013 09:32 from shindigBOWS: Tradervue User Stock Trades.

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