VISN Trade on Nov 12, 2013 10:11 from markmandy54_BOWS: Tradervue User Stock Trades.

Daily looked ready to be a mover, however in review no setup. Should not have taken this trade.
There looked to be a pennant/flag forming but was very loose and my entry was on the breakdown from there. NO reason to give this ticker my money.

WEEKEND REVIEW LESSON:
1 - Remember that pullback must be controlled and low volume, not like below.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-11-12 10:11:27	VISN	buy	$9.580	long
2013-11-12 10:16:16	VISN	sell	$9.270	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=VISN&trade=710259&end=20131212&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=VISN&trade=710259&end=20131112160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=VISN&trade=710259&end=20131112124616&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=VISN&trade=710259&end=20131112111416&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2013-11-17 12:25:08

not a flag.. this stock and most stocks when tehy flag they are pretty and good looking.. tight ranges and patterns. this thing was fugly!

i think i see a red to green on it..

markmandy54_BOWS

2013-11-17 12:54:23

Ironically I have this almost exact chart printed out and on my monitor titled, do not trade this setup, not a pretty P/B. I'm pushing for this being the last time I overlook the lesson.

VISN Trade on Nov 12, 2013 10:11 from markmandy54_BOWS: Tradervue User Stock Trades.

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