PRKR Trade on Oct 21, 2013 09:45 from TheCAG_BOWS: Tradervue User Stock Trades.

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TheCAG_BOWS

 

Shares traded: 10000
Closed P&L: +$410.50
Two Trades-Shorts

First
Setup: Bear Flag Breakdown
1500 Shares
In at 6.76
Target: 6.60
Stop: 6.81
~3:1

I went to sell 1/2 at 6.71 and made a mistake. Instead I sold off all.
Totally my fault for not being more careful with clicking things.

Second
Setup: Bear Flag Breakdown
3500 Shares
In at 6.653
Target: 6.55
Stop: 6.70
~2:1

Sold 2000 at 6.60. I think got a little nervous and sold off because it kept holding at 6.69 for quite sometime. I was afraid it was going to reverse and want to cover myself in case it did.

Sold 1000 shares at 6.51
Closed at full when it hit 6.48

Thoughts I could have done much better with this trade. Believe me I will be kicking myself for it.
For both I feel like I went in a bit too early in anticipation of the breakdown. Had I timed it better I wouldn't have gotten the itchy finger at $6.60 in the second trade.


Execution detail:

Date/time Symbol Side Price Position
2013-10-21 09:45:00 PRKR sell $6.760 short
2013-10-21 09:52:00 PRKR buy $6.710 0
2013-10-21 11:01:00 PRKR sell $6.653 short
2013-10-21 11:34:00 PRKR buy $6.600 short
2013-10-21 11:40:00 PRKR buy $6.510 short
2013-10-21 11:41:00 PRKR buy $6.480 0


Comments

2013-10-21 20:46:00
 

tricky one.. intraday wasnt moving clean

2013-10-22 08:42:40
 

Nice shorts.

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