NQ Trade on Oct 4, 2013 12:04 from johnc_BOWS: Tradervue User Stock Trades.

Gravatar

Shared by
johnc_BOWS

 

I've been anticipating a pullback on this thing for a few days now but it won't go. However, it did have a strong intraday today. In retrospect I would've preferred to take this on the first pullback of the day.

(1st entry)
I took it on a quick pullback to price support with a stop at 21.14. My entry was very early, which was a mistake and I'm glad this didn't turn on me. I added more shares when it seemed to be on the way up, which was also a mistake since I had to adjust my stop to just below my initial buy price. Deservedly, I paid the price for my reckless adding.

(2nd entry)
I re-entered when it bounced. It was a bit of a chase, but I couldn't get filled so I set my limit price higher. I sold early again.

I was OK with my scale out.

Lesson:
Get more sleep. Averaging 4 hours per night finally caught up with me at the end of the week, especially on a choppy market.


Execution detail:

Date/time Symbol Side Price Position
2013-10-04 12:04:55 NQ buy $21.300 long
2013-10-04 12:05:29 NQ buy $21.310 long
2013-10-04 12:05:29 NQ buy $21.310 long
2013-10-04 12:22:14 NQ buy $21.416 long
2013-10-04 12:53:57 NQ sell $21.264 0
2013-10-04 13:12:59 NQ buy $21.420 long
2013-10-04 13:12:59 NQ buy $21.420 long
2013-10-04 13:14:14 NQ sell $21.480 long
2013-10-04 13:44:16 NQ buy $21.540 long
2013-10-04 14:05:27 NQ sell $21.700 long
2013-10-04 14:38:35 NQ sell $21.850 long
2013-10-04 14:47:19 NQ sell $21.840 long
2013-10-04 15:22:22 NQ sell $21.750 long
2013-10-04 15:22:22 NQ sell $21.750 long
2013-10-04 15:22:22 NQ sell $21.750 long
2013-10-04 15:22:22 NQ sell $21.750 0
2013-10-04 15:22:57 NQ sell $21.670 short
2013-10-04 15:22:57 NQ sell $21.670 short
2013-10-04 15:22:57 NQ sell $21.670 short
2013-10-04 15:23:37 NQ sell $21.674 short
2013-10-04 15:23:50 NQ sell $21.679 short
2013-10-04 15:28:42 NQ buy $21.740 short
2013-10-04 15:28:42 NQ buy $21.740 short
2013-10-04 15:28:42 NQ buy $21.740 short
2013-10-04 15:28:42 NQ buy $21.740 0


Comments

2013-10-23 23:58:15
 

Killer entry.

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