NQ Trade on Sep 5, 2013 13:24 from VasoBOWS: Tradervue User Stock Trades.

This is my "persistence pays off" trade (although I don't think I'll do this kind of chasing again). I had gotten stopped out twice earlier in the day with NQ, but went in one last time on larger position size as my risk was lower. Got in during consolidation period and got out about two hours later for $211 gain.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-09-05 13:24:07	NQ	buy	$17.250	long
2013-09-05 13:24:15	NQ	buy	$17.250	long
2013-09-05 13:24:16	NQ	buy	$17.250	long
2013-09-05 13:24:22	NQ	buy	$17.270	long
2013-09-05 13:24:47	NQ	buy	$17.255	long
2013-09-05 13:24:47	NQ	buy	$17.255	long
2013-09-05 13:24:47	NQ	buy	$17.255	long
2013-09-05 13:24:58	NQ	buy	$17.260	long
2013-09-05 13:25:17	NQ	buy	$17.250	long
2013-09-05 13:25:46	NQ	buy	$17.240	long
2013-09-05 13:25:46	NQ	buy	$17.240	long
2013-09-05 13:25:46	NQ	buy	$17.240	long
2013-09-05 13:25:46	NQ	buy	$17.240	long
2013-09-05 13:25:46	NQ	buy	$17.240	long
2013-09-05 13:25:46	NQ	buy	$17.240	long
2013-09-05 13:25:46	NQ	buy	$17.240	long
2013-09-05 13:25:46	NQ	buy	$17.240	long
2013-09-05 15:20:13	NQ	sell	$17.310	long
2013-09-05 15:20:13	NQ	sell	$17.310	long
2013-09-05 15:20:13	NQ	sell	$17.310	long
2013-09-05 15:20:13	NQ	sell	$17.320	long
2013-09-05 15:20:13	NQ	sell	$17.320	long
2013-09-05 15:20:13	NQ	sell	$17.320	long
2013-09-05 15:20:13	NQ	sell	$17.330	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NQ&trade=583629&end=20131005&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NQ&trade=583629&end=20130905160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NQ&trade=583629&end=20130905160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-09-05 18:29:48

No setup on entry. also looking at the daily, the 20ma was right above at $17.59. i dont think the risk/reward was worth it

gregr

2013-09-05 19:44:23

Where was your stop on this trade, and your notional price target? You let it move against you over 0.40, before closing for a 0.07 gain. Even if you thought it might run up to 18.00 that's a questionable r/r IMHO...

kunal00

2013-09-07 23:23:51

mmmm weird trade that 17.40 was the resitance area that kept tapping u let the stock come way too far down.... if ur goal is to scalp this trade for a few pennies then u need othave much tigher stop. ur r/r ratios are weird

NQ Trade on Sep 5, 2013 13:24 from VasoBOWS: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax