SWY Trade on Sep 17, 2013 14:46 from rrace11_BOWS: Tradervue User Stock Trades.

I broke another rule by making another trade after exceeding my loss limit for the day and SWY promptly corrected me. Bought just as the flag was breaking on the intraday charts and it immediately reversed and stopped me out.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-09-17 14:46:06	SWY	buy	$30.750	long
2013-09-17 14:55:36	SWY	sell	$30.550	long
2013-09-17 14:56:00	SWY	sell	$30.555	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SWY&trade=596779&end=20131017&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SWY&trade=596779&end=20130917160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SWY&trade=596779&end=20130917160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

markmandy54_BOWS

2013-09-17 18:04:43

Tuff break as looked good for EOD run. Great stop though when didn't work.

johnc_BOWS

2013-09-17 21:59:27

Regardless of you breaking your rule, I feel like you had the right idea. I'm not sure why it broke down where it did.

AnthonyC_BoWS

2013-09-17 22:51:07

This trade was just a victim of either a random mass buy/selloff combo or some kind of automated market manipulation. Your entry was good. Take a look at the chart. In the span of less than four minutes, this stock nearly hit its HOD and LOD on 10% of the days total volume. No matter what the position was, nearly all stops, long and short, would've have been shaken out. Not much you can do but shake your head.

johnc_BOWS

2013-09-18 00:12:36

Anthony, do those anomalous spikes always trigger people to suddenly dump their shares?

SWY Trade on Sep 17, 2013 14:46 from rrace11_BOWS: Tradervue User Stock Trades.

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