ISIS Trade on Sep 19, 2013 11:17 from Legal_Eagle_BOWS: Tradervue User Stock Trades.

I bought this when I thought it was flagging. I got shook out, although now looking at it see that it had a good run after I was stopped out.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-09-19 11:17:09	ISIS	buy	$34.230	long
2013-09-19 11:39:11	ISIS	sell	$33.930	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ISIS&trade=598589&end=20131019&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ISIS&trade=598589&end=20130919140411&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ISIS&trade=598589&end=20140216&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=ISIS&trade=598589&end=20130919120211&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

markmandy54_BOWS

2013-09-19 23:19:26

Nice entry as looked like was ready but rolled.

Wes_BOWS

2013-09-20 10:24:02

Where was your stop at? This stock was on new (relatively) recent highs, so as far as reward, it's hard to tell where it's actually going to go to before coming back down. Might be best to put in a tighter stop in a situation like this. I know I get paranoid and sell early, I probably would have sold at 34.40 as it was going sideways. Or at least scaled out half and bumped up the stop.

In retrospect, at your point of entry, reward was .20 cents (34.40) so risk should have been limited to .10 cents, or 34.10. (2:1 R/R)

Anyone else - am I wrong in my assessment?

I could be - I'm still learning as well.

ISIS Trade on Sep 19, 2013 11:17 from Legal_Eagle_BOWS: Tradervue User Stock Trades.

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