DAR Trade on Nov 19, 2013 15:49 from ckz8780: Tradervue User Stock Trades.

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ckz8780

 

Intraday short breakdown swing. I saw the crack into the close on Tuesday and figured it probably wouldn't wait in the morning so I took a small position short overnight with a stop over $20.70 ($60 risk). I actually would have had a decent chance to short the pop in the morning but it never violated my stop anyway so I held on and gave it the rest of the day to work. I had a target in the low 20s which gave me close to 2:1 r/r but I did mess it up effectively by taking profits too early on the first half. My reasoning was that on the 5 min chart it was a significant flush and I figured it was time for it to bounce before heading down to the $20 area. After that flush it started to get stuck so I thought maybe it was done and covered up the rest. I should have been more patient and waited for the dump as there was no reason for me to cover other than I wanted to go to lunch, lol

300 shares
+$91.50 (1.84%)


Execution detail:

Date/time Symbol Side Price Position
2013-11-19 15:49:18 DAR sell $20.470 short
2013-11-20 11:44:38 DAR buy $20.230 short
2013-11-20 12:17:30 DAR buy $20.100 0


Comments

2013-12-12 01:58:17
 

Daily looked extended, nice short though

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