DELT Trade on Jan 8, 2018 09:38 from alext341: Tradervue User Stock Trades.

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alext341

 

You were not trading in sync with the market today. For some reason, you were apprehensive about taking a trade on this name. Well, actually I can see why. You hesitated on this trade because, by the time the stock had risen above its 9 exponential moving average support line on the 5-minute chart, it was already way too extended on the 1-minute with no real opportunity for entry.

Instead what you tried to do here was to take an entry in anticipation of the first 1-minute pullback off the high of day break, which was a good idea, but the stock failed to resolve on your entry and so you stopped out for a 1 cent per share loss. DELT was also trading on an inside daily candle today, which may explain why there was so much resistance on the 5-minute chart. Overall, a decent setup, decent trade, just no follow through. You lost $15.09 in net realized losses on this trade.


Execution detail:

Date/time Symbol Side Price Position
2018-01-08 09:38:45 DELT buy $2.600 long
2018-01-08 09:38:49 DELT sell $2.590 0


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