HIMX Trade on Oct 1, 2013 09:53 from johnc_BOWS: Tradervue User Stock Trades.

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johnc_BOWS

 

HIMX has a history of continuing for at least a day or two after bouncing, so I watched it for an entry after a strong run in the morning. It appeared to have a good amount of headroom on the daily chart.

I bought it on the hight tight intraday flag. Volume was still strong and the SPX looked strong, so I entered the flag with a stop at the LOD. I could've taken a bigger position and set a stop below the flag, but I play a bit more conservatively these days.

I sold 1/2 when it seemed to be pulling back. Again, my sticking point is that I tend to sell too early-- I ended up selling the rest very close to the pullback area. I could've set a stop at my buy price and let it develop. Really, with the SPX looking as good as it did, I had no real reason not to set the stop at my buy price.


Execution detail:

Date/time Symbol Side Price Position
2013-10-01 09:53:35 HIMX buy $10.311 long
2013-10-01 10:47:59 HIMX sell $10.510 long
2013-10-01 10:48:01 HIMX sell $10.510 long
2013-10-01 10:55:58 HIMX sell $10.460 0


Comments

2013-10-01 21:36:58
 

Nice

2013-10-01 23:01:27
 

Awesome buy!

2013-10-02 03:11:42
 

Thanks guys, but I sold on support again-- damn

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