AMRN Trade on Oct 15, 2013 09:43 from TheCAG_BOWS: Tradervue User Stock Trades.

Setup Short
The stock looked like it was trending down on the daily.
At open it had a huge gap up. When it made a down turn on the 5 min I took a short position.

R/R Target=5.15, Stop=5.45 ~2:1
Got stopped out and that was it.

Thoughts
While this was a losing trade the Positive is that I honored my Stop. Like most human beings I hate losing and I'm a little stubborn. I had already violated my Stop Loss once today on another trade. This I set the Stopped out when I said I would. So here's to good habits.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-10-15 09:43:18	AMRN	sell	$5.340	short
2013-10-15 10:09:02	AMRN	buy	$5.460	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=AMRN&trade=643734&end=20131114&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=AMRN&trade=643734&end=20131015122902&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=AMRN&trade=643734&end=20131015160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=AMRN&trade=643734&end=20131015103002&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Alex_BOWS

2013-10-15 15:26:19

At the same place was good spot to BUY.

markmandy54_BOWS

2013-10-15 23:43:58

Too extended to buy, too much volume on push up to short.

AMRN Trade on Oct 15, 2013 09:43 from TheCAG_BOWS: Tradervue User Stock Trades.

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