OCLS Trade on Dec 4, 2013 10:55 from iStryker_BOWS: Tradervue User Stock Trades.

This stock reminded me of another all day fader that gave me over $800. [

https://www.tradervue.com/shared/trades/717612

]

Scaled into it. Where I first entry wasn't the best spot, my stop was 30-50 cents higher but I didn't want to miss it. As the 9ema came down I added more as my stop became tighter and tighter.

Switched to a long when the volume was finally coming in stock and was flagging above 9ema (5min). Ended up sell this for a small lost

THEN Kunal added more to his short position and a light bulb went off in my head, THIS is the final pop! Shorted 2000 share @ 6.34. Stop 6.60. Max lost $520.

I didn't think this through as this was over double my max amount of $200, but my gut and head told me this was it. And the rest is history.

P&L +$2835.00. Readd double position @ 5.69 as the stock popped over 9ema but couldn't hold it. Stock didn't give me a reason to sell, so I road my double position all the way down to 5.00 where I sold half as I thought it would bounce there

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-12-04 10:55:04	OCLS	sell	$6.250	short
2013-12-04 10:58:17	OCLS	sell	$6.200	short
2013-12-04 11:08:32	OCLS	sell	$6.340	short
2013-12-04 11:58:44	OCLS	buy	$6.330	0
2013-12-04 12:04:20	OCLS	buy	$6.400	long
2013-12-04 12:13:40	OCLS	sell	$6.360	0
2013-12-04 12:13:57	OCLS	sell	$6.340	short
2013-12-04 13:33:39	OCLS	buy	$5.750	short
2013-12-04 13:56:25	OCLS	buy	$5.550	short
2013-12-04 14:25:23	OCLS	sell	$5.690	short
2013-12-04 15:10:23	OCLS	buy	$5.010	short
2013-12-04 15:59:42	OCLS	buy	$4.700	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=OCLS&trade=737496&end=20140103&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=OCLS&trade=737496&end=20131204160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=OCLS&trade=737496&end=20131204160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=OCLS&trade=737496&end=20131204155942&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Gena_BOWS

2013-12-04 21:45:00

Great trades! I like the 3min chart on this one - shows the entries and exits so well. Looks good!

markmandy54_BOWS

2013-12-04 22:19:10

Nice find. Amazing vehicle to short

skytraderBOWS

2013-12-05 00:32:55

when it comes to guts, you can't teach it...you nailed it iStryker

OCLS Trade on Dec 4, 2013 10:55 from iStryker_BOWS: Tradervue User Stock Trades.

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