VIPS Trade on Sep 19, 2013 10:53 from VasoBOWS: Tradervue User Stock Trades.

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VasoBOWS

 

$545.50! - VIPS...Two Lessons Learned: 1) This stock opened my eyes to the power using smaller positions with more powerful moving stocks. 2) If you realize that you bought too early in a pullback, it's ok to buy more shares at the bottom of the pullback to average down your total cost.

VIPS had a nice flag on the daily and was on its second day of big positive movement. I had a pretty good entry on the first pullback (almost missed it) and then scaled out really well for gains of $1.04/$1.29/$2.40/$3 per share!

On the second pullback I entered too early and added another 100 shares further down to reduce my average price. This ended up saving me some coin as I put in a really tight stop that closed the position out without any gain/loss. Could have made another $500, but I didn't want to risk it any further...overall really happy with this new discovery of big movers with less shares.


Execution detail:

Date/time Symbol Side Price Position
2013-09-19 10:53:49 VIPS buy $59.690 long
2013-09-19 10:53:49 VIPS buy $59.710 long
2013-09-19 10:53:49 VIPS buy $59.720 long
2013-09-19 11:02:32 VIPS sell $60.750 long
2013-09-19 11:14:42 VIPS sell $61.000 long
2013-09-19 11:17:11 VIPS sell $62.090 long
2013-09-19 11:20:38 VIPS sell $62.720 0
2013-09-19 11:39:07 VIPS buy $62.148 long
2013-09-19 11:49:34 VIPS buy $61.330 long
2013-09-19 12:16:07 VIPS sell $62.015 long
2013-09-19 12:16:07 VIPS sell $62.015 long
2013-09-19 12:16:07 VIPS sell $62.015 0


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