Shared by
mgm0901_BOWS
Gapper, Flag,B/O:
- Long
- Moved stops up with ma throughout to play with house money
- VWAP break: added
- Sold 1/2 (150)@18.67 (stupidity - moving stop and inadvertently sold 1/2 before 1st target)
- Breakout: added
- Stops raised to 19.18 (price in 19.60 area)
- Stopped out at 19.18 on balance of shares (stops on 2 sets of 150 shares each)
- New Breakout: Added
- Nice pop after entry as high as 19.70
- Stopped out at 19.15
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-10-24 11:01:35 | BABY | buy | $17.630 | long |
| 2013-10-24 11:29:52 | BABY | buy | $17.950 | long |
| 2013-10-24 12:10:14 | BABY | sell | $18.670 | long |
| 2013-10-24 12:50:01 | BABY | buy | $19.020 | long |
| 2013-10-24 13:43:02 | BABY | sell | $19.180 | long |
| 2013-10-24 13:43:02 | BABY | sell | $19.180 | 0 |
| 2013-10-24 13:54:05 | BABY | buy | $19.380 | long |
| 2013-10-24 14:43:05 | BABY | sell | $19.150 | 0 |
Comments
mgm0901_BOWS
Nape_BOWS: Thanks so much for the great review. Yes, I was actually at 19.48 and when I went to sell, I had to close out the Stop Order. In the short time I closed out the stop order and went to pull the trigger on the trade, it dropped like a rock. Still kicking myself. Tradestation doesn't allow a sell order when a Stop Limit is in place. Just finished the BC 10 class and I've found something a look forward to getting up in the morning for! Thank you again for the great feedback! BTW: How'd you do on Friday - seemed like a harrowing day for trading?
Nape_BOWS
Seemed everyone had a bad day on Friday. All the setups I was watching seemed to reverse direction no matter long or short. Even though the S&P was up, market breadth was weak with too much volatility for this newbie. Spent the day watching Kunal's trades (seems he had a rough day as well) and picking up the trumpet in between. Trying to get a handle on how to better identify the days I should not trade.
Yea when the market is in a chop zone, you want to cut back on position size make sure the setup you are taking; are A++.
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
1st trade, Great job!
2nd trade exit should have been better.. think you should have let some off closer to $19.40.