ASNA Trade on Sep 25, 2013 09:57 from johnc_BOWS: Tradervue User Stock Trades.

Callout from Kunal. Earnings gapper. I believe we took it when it broke out of that morning range. However, it ended not doing very much at all during the day.

(1st entry)
Took a small position with a stop at the low end of the range. Got stopped out.

(2nd entry)
As it turns out, I got stopped out very close to the pullback area (although there would've been no way to know that. Re-entered when strong volume came in and ASNA again broke that range resistance. I took a slightly bigger position since I was slightly closer to my stop.

Inexplicably I sold at the bounce spot. This was a bad exit because I sold right at the pullback area and I hadn't yet hit my stop.

Lesson:
Respect your stop loss.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-09-25 09:57:50	ASNA	buy	$19.995	long
2013-09-25 09:57:50	ASNA	buy	$19.995	long
2013-09-25 09:57:50	ASNA	buy	$19.995	long
2013-09-25 10:14:02	ASNA	sell	$19.610	long
2013-09-25 10:14:02	ASNA	sell	$19.610	0
2013-09-25 10:25:02	ASNA	buy	$19.890	long
2013-09-25 10:25:02	ASNA	buy	$19.890	long
2013-09-25 10:25:02	ASNA	buy	$19.890	long
2013-09-25 10:25:02	ASNA	buy	$19.890	long
2013-09-25 10:25:02	ASNA	buy	$19.890	long
2013-09-25 11:04:08	ASNA	sell	$19.815	long
2013-09-25 11:04:08	ASNA	sell	$19.815	long
2013-09-25 11:04:19	ASNA	sell	$19.820	long
2013-09-25 11:04:24	ASNA	sell	$19.820	0
2013-09-25 12:18:35	ASNA	buy	$20.130	long
2013-09-25 12:18:35	ASNA	buy	$20.130	long
2013-09-25 12:18:35	ASNA	buy	$20.130	long
2013-09-25 12:20:23	ASNA	sell	$20.050	long
2013-09-25 12:20:23	ASNA	sell	$20.050	long
2013-09-25 13:10:46	ASNA	sell	$20.042	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ASNA&trade=604827&end=20131025&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ASNA&trade=604827&end=20130925131046&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ASNA&trade=604827&end=20130925160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=ASNA&trade=604827&end=20140222&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

ASNA Trade on Sep 25, 2013 09:57 from johnc_BOWS: Tradervue User Stock Trades.

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