CSUN Trade on Oct 1, 2013 10:02 from johnc_BOWS: Tradervue User Stock Trades.

Callout from Kunal. This looked like a rubberband snapback on the daily chart: two big candles and the very last one rejected the higher price and retraced 1/3 of the way back towards the opening price. I could be mistaken but it looks like it also went green-to-red: it washed out yesterday afternoon and then went green-to-red today.

(1st entry)
I entered too early on this bear flag. I exited when I realized my position size was too big and that the dips were getting bought.

(2nd entry)
I re-shorted at my the same price as my first entry when it was apparent that there was a good amount of selling volume. This time, I had a better stop just above the base of that bear flag, so I took a bigger position. I sold 1/4 too early I think (again, I'm still trying to break the habit of scalping at a 12-15 cent profit). I sold in 1/4 this time, just that's just how I roll sometimes.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-10-01 10:02:48	CSUN	sell	$6.210	short
2013-10-01 10:02:48	CSUN	sell	$6.210	short
2013-10-01 10:04:32	CSUN	buy	$6.356	short
2013-10-01 10:04:36	CSUN	buy	$6.360	0
2013-10-01 10:38:17	CSUN	sell	$6.210	short
2013-10-01 10:38:17	CSUN	sell	$6.210	short
2013-10-01 10:38:17	CSUN	sell	$6.210	short
2013-10-01 10:38:18	CSUN	sell	$6.210	short
2013-10-01 10:38:18	CSUN	sell	$6.200	short
2013-10-01 11:16:32	CSUN	buy	$6.050	short
2013-10-01 11:16:32	CSUN	buy	$6.050	short
2013-10-01 11:19:09	CSUN	buy	$5.850	short
2013-10-01 12:07:44	CSUN	buy	$5.760	short
2013-10-01 12:07:44	CSUN	buy	$5.760	short
2013-10-01 12:34:27	CSUN	buy	$5.720	short
2013-10-01 12:34:29	CSUN	buy	$5.725	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CSUN&trade=618863&end=20131031&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CSUN&trade=618863&end=20131001141429&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CSUN&trade=618863&end=20131001160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=CSUN&trade=618863&end=20140228&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2013-10-01 22:52:14

markmandy54_BOWS

2013-10-01 23:01:13

I'm confused.

johnc_BOWS

2013-10-02 00:03:07

Mark: 1st entry looked like it would reverse so I exited. 2nd entry-- I actually remember a trade review comment you left me one time: "If you see it setup again, short it!" =D

markmandy54_BOWS

2013-10-02 00:10:31

Ah, I'm retarded. Didn't get the 1st setup but 2nd nice.

CSUN Trade on Oct 1, 2013 10:02 from johnc_BOWS: Tradervue User Stock Trades.

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