Shared by
jh_theta_BOWS
SYMBOL: VNDA
Position Size: 2000
Max Loss: $200
Entry Price: 11.71
Why: holding 9EMA
Stop Loss: 11.63
Why: right below opening price
Target(s): 11.83 / 11.88
Why: resistance from previous day / high of day resistance
Exit(s): 11.68 / 11.65
Why: well … I tried to enter the order as a stop but apparently it did a limit and started selling off my shares … oops. / I raised my stop a bit after it found a range – was stopped out.
Reasons For Taking the Trade: Was holding 9EMA I was trying to catch the bottom of a range. Taken at a time when after everything was falling it looked like the spy was correcting. (not a good reason)
Reasons Against: I really didn't have much of a setup here.
Other Comments: Ha, there's a chance I may have gotten the 5min for this stock and a daily chart for a different stock associated with one another. I did have the opportunity to get out of this stock with a small gain after it started dropping hints like whispers in an Amityville house. But, I decided since I am still paper trading I’d ride this one out and honor my stop. If this had been real money, I think I would have gotten out when it was sitting at my buy price after showing some ugly distribution bars.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-09-16 09:46:42 | VNDA | buy | $11.710 | long |
| 2013-09-16 09:46:42 | VNDA | buy | $11.710 | long |
| 2013-09-16 09:46:42 | VNDA | buy | $11.700 | long |
| 2013-09-16 09:46:42 | VNDA | buy | $11.700 | long |
| 2013-09-16 09:46:42 | VNDA | buy | $11.700 | long |
| 2013-09-16 09:46:42 | VNDA | buy | $11.700 | long |
| 2013-09-16 09:46:42 | VNDA | buy | $11.700 | long |
| 2013-09-16 09:46:42 | VNDA | buy | $11.700 | long |
| 2013-09-16 09:46:42 | VNDA | buy | $11.690 | long |
| 2013-09-16 09:46:42 | VNDA | buy | $11.680 | long |
| 2013-09-16 09:46:42 | VNDA | buy | $11.700 | long |
| 2013-09-16 09:46:42 | VNDA | buy | $11.700 | long |
| 2013-09-16 09:46:42 | VNDA | buy | $11.700 | long |
| 2013-09-16 09:46:42 | VNDA | buy | $11.700 | long |
| 2013-09-16 09:46:42 | VNDA | buy | $11.700 | long |
| 2013-09-16 09:46:42 | VNDA | buy | $11.700 | long |
| 2013-09-16 09:46:42 | VNDA | buy | $11.700 | long |
| 2013-09-16 09:46:42 | VNDA | buy | $11.690 | long |
| 2013-09-16 09:46:42 | VNDA | buy | $11.710 | long |
| 2013-09-16 09:47:41 | VNDA | sell | $11.700 | long |
| 2013-09-16 09:47:53 | VNDA | sell | $11.685 | long |
| 2013-09-16 09:47:53 | VNDA | sell | $11.670 | long |
| 2013-09-16 09:47:53 | VNDA | sell | $11.685 | long |
| 2013-09-16 09:47:55 | VNDA | sell | $11.700 | long |
| 2013-09-16 12:00:33 | VNDA | sell | $11.650 | long |
| 2013-09-16 12:00:38 | VNDA | sell | $11.650 | long |
| 2013-09-16 12:00:38 | VNDA | sell | $11.650 | long |
| 2013-09-16 12:00:38 | VNDA | sell | $11.650 | long |
| 2013-09-16 12:00:43 | VNDA | sell | $11.650 | long |
| 2013-09-16 12:00:43 | VNDA | sell | $11.650 | long |
| 2013-09-16 12:00:43 | VNDA | sell | $11.650 | long |
| 2013-09-16 12:00:43 | VNDA | sell | $11.650 | long |
| 2013-09-16 12:00:43 | VNDA | sell | $11.650 | long |
| 2013-09-16 12:00:43 | VNDA | sell | $11.650 | long |
| 2013-09-16 12:00:43 | VNDA | sell | $11.650 | long |
| 2013-09-16 12:00:43 | VNDA | sell | $11.650 | long |
| 2013-09-16 12:00:43 | VNDA | sell | $11.645 | 0 |
Comments
markmandy54_BOWS
Daily looks sweet over 12. Intraday great run but hindsight shows it gave the big run back in 1 candle, which leads to being suspect.
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I like the way you are disciplined in noting your analyzation of each trade. I will do the same.
For VNDA, I don't see a setup. Maybe like you said, you were looking at a different ticker...