ARIA Trade on Dec 2, 2013 09:39 from joshua02194: Tradervue User Stock Trades.

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joshua02194

 

1st: Was late to this and after buying the breakout, price did not follow through so scratched trade…

2nd: Should not have purchased AT resistance but above resistance if 5.32 instead of 5.30. The other place to enter is 5.17 around 9.48am when support of 5.12ish held…

3rd: After a decline, let price go into a narrow range for abit and base awhile before entry and always enter above resistance, not at resistance…

1st was a good scratch trade but bought too late. Was occupied with trades with lesser volume. Always note the 1st minute of trading and try to have at least 100k volume for the stock you are watching..if not, will miss good moves. In this case the move from 5.05 to 5.25 was a good one missed!

2nd trade was done badly because feared that the deep pull back from 5.27 to 5.15 would not
bounce cleanly so did not trade that. My job as a trader is not to worry about whether a stock will move a certain way. My job is to execute upon a setup if it appears. The worrying is unproductive, 50% of trades work while the other fail. So just know how a stock acts if it goes your way and if it doesn't and manage accordingly.

3rd trade was jumping the gun. Allow price to base and form a support before going long...
do not buy in anticipation of a breakout...


Execution detail:

Date/time Symbol Side Price Position
2013-12-02 09:39:42 ARIA buy $5.260 long
2013-12-02 09:43:32 ARIA sell $5.250 0
2013-12-02 09:52:08 ARIA buy $5.300 long
2013-12-02 09:53:57 ARIA sell $5.240 0
2013-12-02 10:17:24 ARIA buy $5.140 long
2013-12-02 10:20:44 ARIA sell $5.060 0


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