Bounce play. I exited a bit prematurely on the first trade (selling the second half flat) so I re0entered for the break of $76 It faded back so I exited flat once again. Finally when it set up better I entered at $76.41 with a stop under $76.00 and gave it a chance. It got stuck in a box all day but finally ran into the close so I doubled up to actually get something decent out of the trade. I am holding 200 shares for a swing into tomorrow morning.
Update 10/2/2013: Got caught in a gap down in the morning but since I only had 200 shares I decided to see what it would do. Was able to get out for a small gain from my average price of $76.69, though I did give back about $60 in profit from the previous day.
500/1000 shares
+$569.50 (2.07%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-01 09:43:57 | GMCR | buy | $75.360 | long |
2013-10-01 09:49:49 | GMCR | sell | $75.960 | long |
2013-10-01 09:58:40 | GMCR | sell | $75.380 | 0 |
2013-10-01 10:04:27 | GMCR | buy | $75.910 | long |
2013-10-01 10:17:25 | GMCR | sell | $76.450 | long |
2013-10-01 10:28:18 | GMCR | sell | $75.940 | 0 |
2013-10-01 11:04:37 | GMCR | buy | $76.410 | long |
2013-10-01 15:28:56 | GMCR | buy | $76.690 | long |
2013-10-01 15:48:29 | GMCR | sell | $76.780 | long |
2013-10-01 15:49:58 | GMCR | sell | $76.920 | long |
2013-10-02 09:45:46 | GMCR | sell | $76.780 | 0 |
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!