Shared by
johnc_BOWS
Overbought on the daily and base breakdown intraday. Stop at 22.08 above that base. Re-shorted with a stop just above the previous day's opening price (at which it encountered resistance).
I was really happy with my scale out. I pretty much did my best to cover at each spike. There was support at that 19.00 area on the daily chart, so I covered all of it when I saw the green candle.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-10-08 10:13:47 | BITA | sell | $21.770 | short |
| 2013-10-08 10:13:49 | BITA | sell | $21.780 | short |
| 2013-10-08 10:14:51 | BITA | sell | $21.810 | short |
| 2013-10-08 10:26:31 | BITA | buy | $21.440 | short |
| 2013-10-08 10:26:31 | BITA | buy | $21.380 | short |
| 2013-10-08 10:35:17 | BITA | buy | $21.080 | short |
| 2013-10-08 10:40:17 | BITA | buy | $20.120 | 0 |
| 2013-10-08 10:47:36 | BITA | sell | $20.510 | short |
| 2013-10-08 10:47:36 | BITA | sell | $20.510 | short |
| 2013-10-08 10:47:36 | BITA | sell | $20.510 | short |
| 2013-10-08 10:52:11 | BITA | buy | $20.080 | short |
| 2013-10-08 10:52:11 | BITA | buy | $20.070 | short |
| 2013-10-08 10:54:18 | BITA | buy | $19.320 | short |
| 2013-10-08 11:08:06 | BITA | buy | $19.149 | 0 |
Comments
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!
AHHHHHHH, that's HOT!!!! Great job. You killed this thing!!! I can hear you trading......"THIS IS SPARTA!"