KODK Trade on Jan 22, 2018 14:16 from d3totherescue: Tradervue User Stock Trades.

Breakout

Trade Idea:

I was looking for a breakout, and I bought the breakout thinking it would go higher. Looking at a longer term, this trade was the absolute top. I thought that some traders had been trapped short from the previous move.

Risk Management:

I was stopped out. I had 2R on this trade, but I was stopped out. The breakout was not as clean as I expected.

Improvement:

-Do not buy the breakout
-Wait for the dip and buy it there
-There was huge support at 11.20, and I should have waited for that area to be tested

Execution detail:

Date/time	Symbol	Side	Price	Position
2018-01-22 14:16:00	KODK	buy	$11.550	long
2018-01-22 14:24:00	KODK	sell	$11.358	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=KODK&trade=6584884&end=20180122155100&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=KODK&trade=6584884&end=20180122160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=KODK&trade=6584884&end=20180122160000&i=m10&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=KODK&trade=6584884&end=20180221&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

KODK Trade on Jan 22, 2018 14:16 from d3totherescue: Tradervue User Stock Trades.

Breakout

Trade Idea:

Risk Management:

Improvement:

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