JCP Trade on Sep 25, 2013 11:09 from Punished_SnakeBOWS: Tradervue User Stock Trades.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-09-25 11:09:14	JCP	buy	$10.450	long
2013-09-25 11:23:31	JCP	sell	$10.290	0
2013-09-25 11:44:30	JCP	buy	$10.590	long
2013-09-25 12:15:43	JCP	sell	$10.340	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=JCP&trade=605463&end=20131025&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=JCP&trade=605463&end=20130925142043&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

ckz8780

2013-09-25 23:05:57

Bottom line: you're fighting the trend. The stock was tanking. Don't try to be the guy who picks the bottom. You'll never do it. The trend is your friend. Short stocks that are flushing, long stocks that have strong upward momentum. Don't ever falter from that until you are consistently profitable, then you can gamble and try to be "that guy" ;)

markmandy54_BOWS

2013-09-25 23:31:41

After that big of a move, you gotta think, small relief bounce for shorts to take profits before hitting it again.

JCP Trade on Sep 25, 2013 11:09 from Punished_SnakeBOWS: Tradervue User Stock Trades.

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