RMTI Trade on Sep 30, 2013 09:52 from johnc_BOWS: Tradervue User Stock Trades.

Gravatar

Shared by
johnc_BOWS

 

I took this as a continuation of the pullback bounce on the daily chart. It gapped up and had strong volume in the morning. The dips were immediately getting bought and it appeared to flag. I bought it without confirmation and set a stop below the lowest wick of the flag base.

I was happy with the sale of my first 1/2. My setups are improving more and more each day, but I continue to struggle with my tendency to exit at support. I get anxious when I see big red candles because I feel like a bear flag may be forming. I also don't like to set my buy price at the stop price sometimes because I feel like I'm losing out on profits.

In order to get over this, I should set a trailing stop at a support level above the buy price.


Execution detail:

Date/time Symbol Side Price Position
2013-09-30 09:52:21 RMTI buy $11.190 long
2013-09-30 09:52:22 RMTI buy $11.170 long
2013-09-30 10:00:52 RMTI sell $11.480 long
2013-09-30 10:00:52 RMTI sell $11.480 long
2013-09-30 10:00:52 RMTI sell $11.480 long
2013-09-30 10:45:53 RMTI sell $11.810 long
2013-09-30 10:45:53 RMTI sell $11.810 long
2013-09-30 11:37:07 RMTI sell $11.700 0


Comments

2013-10-01 21:42:15
 

Not bad

2013-10-01 23:03:44
 

Nice.

Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in