FNMA Trade on Oct 24, 2013 09:31 from Izzy_BOWS: Tradervue User Stock Trades.

Bought this at the open as a continuation play from yesterday. Sized in small because of its volatility. When it cracked I knew to get out fast because that's how it's acted in the past. I would have got out at $2.51 but it took four minutes for my broker to clear it. Sure enough it fell really hard. Still got a decent gain.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-10-24 09:31:00	FNMA	buy	$2.360	long
2013-10-24 10:32:00	FNMA	sell	$2.450	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=FNMA&trade=659592&end=20131123&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=FNMA&trade=659592&end=20131024114100&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

iStryker_BOWS

2013-10-26 14:13:18

Nice Entry, ya with FNMA you have to sell on the way up, if you don't then you get burned hard

FNMA Trade on Oct 24, 2013 09:31 from Izzy_BOWS: Tradervue User Stock Trades.

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