QTWW Trade on Oct 30, 2013 09:44 from Gimani: Tradervue User Stock Trades.

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Gimani

Made two major mistakes, I bought anticipating a bounce instead of waiting for the green candle. Second big big mistake was to average down to minimize my loss. Not happy with myself for breaking that those rules esp the latter.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-10-30 09:44:05	QTWW	buy	$6.920	long
2013-10-30 09:44:05	QTWW	buy	$6.920	long
2013-10-30 09:44:05	QTWW	buy	$6.910	long
2013-10-30 09:44:05	QTWW	buy	$6.910	long
2013-10-30 09:44:05	QTWW	buy	$6.900	long
2013-10-30 09:44:54	QTWW	buy	$6.740	long
2013-10-30 09:44:54	QTWW	buy	$6.740	long
2013-10-30 09:44:54	QTWW	buy	$6.740	long
2013-10-30 09:45:26	QTWW	sell	$6.770	long
2013-10-30 09:45:26	QTWW	sell	$6.770	long
2013-10-30 09:45:26	QTWW	sell	$6.770	long
2013-10-30 09:45:26	QTWW	sell	$6.770	long
2013-10-30 09:45:27	QTWW	sell	$6.800	long
2013-10-30 09:45:30	QTWW	sell	$6.785	long
2013-10-30 09:45:31	QTWW	sell	$6.800	long
2013-10-30 09:45:33	QTWW	sell	$6.800	long
2013-10-30 09:45:35	QTWW	sell	$6.800	long
2013-10-30 09:45:39	QTWW	sell	$6.750	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=QTWW&trade=663347&end=20131129&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=QTWW&trade=663347&end=20131030101539&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-10-30 18:06:20

Patience is crucial when trading.. give it time to setup a pattern then hit it hard.

Gimani

2013-10-30 18:14:38

Thanks, Nape.Quick question, From my parabolic shorts you have been reviewing what would you say is the three things I should look for in terms of pattern, just in case I am missing something crucial. Sometimes, the open morning wash don't give you time to see a pattern..Thoughts?

Nape_BOWS

2013-10-30 18:42:30

As far as a setup goes.. You could play the the opening range breakdown.. Just the opposite of a opening range breakout. You could also look for the pullback, and if it fails to get back over the hod that's a sign of weakness (a more safer play and better confirmation).Notice how when $QTWW 1st pullback fail to get back to the hod and started a mini bear flag it drop like it was hot!!

Gimani

2013-10-30 18:47:43

Yes, I noticed that, I will try to have more patience with my trades and wait for those pullbacks. . Thanks for your input and always reviewing my trades.

QTWW Trade on Oct 30, 2013 09:44 from Gimani: Tradervue User Stock Trades.

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