Shared by
bethomas47_BOWS
+$19 200 shares
Sometimes the charts in Tradervue make your entry points look terrible.
What I did right:
Alert from Daily when price crosses over $44
Scaled out
What I did wrong:
Sold too early first sell
Bought back after too many green candles
Didn't honor my stop on last sell
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-10-09 10:05:35 | AEP | buy | $44.030 | long |
| 2013-10-09 10:08:34 | AEP | sell | $44.180 | long |
| 2013-10-09 10:12:46 | AEP | buy | $44.300 | long |
| 2013-10-09 10:14:13 | AEP | sell | $44.340 | long |
| 2013-10-09 10:30:09 | AEP | sell | $44.030 | 0 |
Comments
BenRodts_BOWS
I agree with Mark it looks like you chased this one. What was your setup for the buy?
Gena_BOWS
Why not take a partial sell on that first sell, and ride the next piece up?
What was the reason for buy #2? What was your thought process for it?
bethomas47_BOWS
Gena what do you mean by a partial sell? I did a partial sell, I think.
I wanted to add to my position, but figured out that I need to wait for a setup before I add.
Ohhh, you added to your initial position. I get it now. I couldn't tell from the chart and post. I thought you sold it all, and then got back in later. My bad. Thanks.
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Looks like chased but nice quick scalp.