QIWI Trade on Oct 1, 2013 12:54 from mirko_BOWS: Tradervue User Stock Trades.

Flag breakout on the daily and flat top breakout on the intraday chart where I believe had a good entry but way to tight stop loss for the $40 stock so got stopped out of the trade just before the small run up afterwards. Would not profit much anyway since this was as well one of those trades where I was too late with the entry.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-10-01 12:54:10	QIWI	buy	$36.495	long
2013-10-01 12:54:11	QIWI	buy	$36.500	long
2013-10-01 13:01:46	QIWI	sell	$36.300	long
2013-10-01 13:01:46	QIWI	sell	$36.305	long
2013-10-01 13:01:46	QIWI	sell	$36.300	long
2013-10-01 13:02:33	QIWI	sell	$36.420	long
2013-10-01 13:02:43	QIWI	sell	$36.450	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=QIWI&trade=618989&end=20131031&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=QIWI&trade=618989&end=20131001160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-10-01 15:31:03

it never broke support, no reason to sell.. bit more patience and you could have gotten a $1 off of this trade.

mirko_BOWS

2013-10-01 15:34:58

You are right Nape of course, I did not sell intentionally but instead got stopped out due to a tight stop loss. Did not trade much more priced stocks so got a bit carried away with a too tight stop loss :/

But I am glad I had a good idea and entry after all :)

kunal00

2013-10-01 23:03:59

this is low volume stock so the sprad is higher so go smaller shares looser stop sometimes.. good swing setup too on this probably runs fora day or 2

markmandy54_BOWS

2013-10-02 10:31:40

Good info for thin stocks

QIWI Trade on Oct 1, 2013 12:54 from mirko_BOWS: Tradervue User Stock Trades.

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