ARIA Trade on Oct 11, 2013 10:41 from markmandy54_BOWS: Tradervue User Stock Trades.

Big gap down and started to get the capitulation selling. I took partial postiion with plan on adding on dip but didn't stick to plan and took a small loss. Re-assessed 4.40 holding and tried it again. Terrible reinforcement of not sticking to the plan. Better setups and trades out there, should have passed on this.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-10-11 10:41:21	ARIA	buy	$4.470	long
2013-10-11 11:06:38	ARIA	sell	$4.350	0
2013-10-11 11:26:01	ARIA	buy	$4.490	long
2013-10-11 11:34:21	ARIA	sell	$4.550	long
2013-10-11 11:36:27	ARIA	sell	$4.560	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ARIA&trade=638239&end=20131110&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ARIA&trade=638239&end=20131011160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ARIA&trade=638239&end=20131011134627&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=ARIA&trade=638239&end=20131011121827&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

charlesk_BOWS

2013-10-11 20:47:48

I tried to play this stupid thing yesterday.....same result.

bethomas47_BOWS

2013-10-11 22:29:49

Would have made a good short today!

markmandy54_BOWS

2013-10-11 22:31:34

Ya Beth, didn't show up on radar until was under 4.60. Missed that gorgeous short.

BenRodts_BOWS

2013-10-12 02:05:24

Wait for confirmation when playing pull backs (I.e. A higher low). Your second buy in was great.

Gena_BOWS

2013-10-12 09:51:42

Yeah, I didn't play this long on purpose yesterday, just didn't feel right after the gap downs and the trend overall. Better long set ups elsewhere. and certainly the next support level would have been the $4 mark, so I was wary of getting in too high above that. For your first entry, there was no pattern to use as a reason to get in there. For your 2nd entry, I probably would have waited until it confirmed above the 20ma and 9ema, otherwise too risky.

ckz8780

2013-10-12 20:30:17

Don't fight the trend. The major trend was down for the day. If you must fight the daily trend, do it when the major intraday trend is up.

kunal00

2013-10-12 21:10:29

u tried to long this thign? that same spot i was loading the short bro!!!!

BenRodts_BOWS

2013-10-12 23:51:55

Kunal wouldn't this stock be too extended to short? Assuming you're talking about his second buy positition in this stock.

kunal00

2013-10-13 00:20:57

i meant later on in the day! i think we shorted 4.40 end of day!

BenRodts_BOWS

2013-10-13 12:11:01

That makes more sense. Thanks Kunal for the clarification.

ARIA Trade on Oct 11, 2013 10:41 from markmandy54_BOWS: Tradervue User Stock Trades.

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