EGHT Trade on Oct 18, 2013 13:34 from mirko_BOWS: Tradervue User Stock Trades.

Flat top breakout on the daily and big momentum intraday.

I have missed the late day consolidation breakout around 13pm so entered later on the flag breakout. Exited for no reason on the short term pullback since I have raised my stop a bit above the entry point instead of having it on the entry point.

Not a bad reasoning on the trade but bad trade management on my side.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-10-18 13:34:02	EGHT	buy	$11.740	long
2013-10-18 13:34:09	EGHT	buy	$11.740	long
2013-10-18 13:34:09	EGHT	buy	$11.740	long
2013-10-18 13:34:41	EGHT	buy	$11.740	long
2013-10-18 13:34:41	EGHT	buy	$11.740	long
2013-10-18 13:35:07	EGHT	buy	$11.737	long
2013-10-18 14:17:37	EGHT	sell	$11.760	long
2013-10-18 14:17:37	EGHT	sell	$11.760	long
2013-10-18 14:17:37	EGHT	sell	$11.760	long
2013-10-18 14:17:37	EGHT	sell	$11.760	long
2013-10-18 14:17:37	EGHT	sell	$11.760	long
2013-10-18 14:17:37	EGHT	sell	$11.760	long
2013-10-18 14:17:37	EGHT	sell	$11.760	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=EGHT&trade=649748&end=20131117&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=EGHT&trade=649748&end=20131018160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-10-21 09:02:25

Seem like you are finding the right stock, just late to the party.

EGHT Trade on Oct 18, 2013 13:34 from mirko_BOWS: Tradervue User Stock Trades.

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