GIII Trade on Dec 4, 2013 09:43 from markmandy54_BOWS: Tradervue User Stock Trades.

Gapper and held. Liked the pattern so put on with stop -.40 and got stopped out on shakeout. Setup again so long with a stop -.30 and stopped again. Thinner names im finding are tuff to trade as they snap down to stop out and come back up. Not sure on how to trade as if no hard stop, then the risk becomes huge as no way to tell shakeout from roll over.

LESSON IN REVIEW: Thin names shake out before move. Put on smaller position

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-12-04 09:43:48	GIII	buy	$64.080	long
2013-12-04 09:45:14	GIII	sell	$63.740	0
2013-12-04 09:49:53	GIII	buy	$64.070	long
2013-12-04 10:07:44	GIII	sell	$63.830	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GIII&trade=737538&end=20140103&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GIII&trade=737538&end=20131204160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=GIII&trade=737538&end=20131204122744&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=GIII&trade=737538&end=20131204105944&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

ckz8780

2013-12-07 14:24:17

It was trending sideways... when I see indecision like this in the morning I wait until an hour or so has passed, or watch for a very very clear volume spike

markmandy54_BOWS

2013-12-07 17:08:27

Totally agree. Thanks.

GIII Trade on Dec 4, 2013 09:43 from markmandy54_BOWS: Tradervue User Stock Trades.

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