Looked like was basing so took long but entered to early and got stopped. Kept eye on and set back up so re-entered. By keeping stops tight was able to get back in and make profit.
WEEKEND REVIEW LESSON:
1 - Always leave a final partial on looking to either be stopped flat or to swing for the home run, as this ran +3 from entry right to resistance on monthly chart.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-11-12 10:07:59 | VNDA | buy | $11.900 | long |
2013-11-12 10:11:06 | VNDA | sell | $11.640 | 0 |
2013-11-12 10:19:44 | VNDA | buy | $11.920 | long |
2013-11-12 10:50:20 | VNDA | sell | $12.460 | long |
2013-11-12 11:43:35 | VNDA | sell | $12.420 | 0 |
this stock was wild.. the range was not ithgt as it just had the news out.. lot of price discover.. a scale in or small position with looser stop is kind fo the only ting u can do on it.
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!
Looks like a good first entry to me, it just didn't work out. Way to keep an eye on it for the second trade.