I was hesitant about getting into this because it was trading below the VWAP, but I liked it a lot because it gapped up and then was sitting on top of support. When this started to pop, I was late getting in, and then on my last few adds, I was definitely chasing. I also didn't wait until my profit target was hit, I took profits too early because the stock seemed to halt for a few minute. The R:R ratio was terrible on this trade because I chased, and I didn't wait until my target was hit. If I was faster and got in when I needed to and was disciplined enough to hold for my target, then this would have been a good trade. It was a yes setup, but the execution was C-D quality.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-07-12 11:13:11 | WTW | buy | $35.120 | long |
2017-07-12 11:13:13 | WTW | buy | $35.120 | long |
2017-07-12 11:13:20 | WTW | buy | $35.130 | long |
2017-07-12 11:14:11 | WTW | buy | $35.170 | long |
2017-07-12 11:22:03 | WTW | sell | $35.260 | long |
2017-07-12 11:28:17 | WTW | sell | $35.380 | long |
2017-07-12 11:34:45 | WTW | sell | $35.270 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!