SBUX Trade on Dec 10, 2013 10:49 from johnc_BOWS: Tradervue User Stock Trades.

I exited before hitting my stop. I got anxious because the volume looked like the dips were getting bought. Either way, my major resistance area was not violated.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-12-10 10:49:03	SBUX	sell	$77.340	short
2013-12-10 10:49:03	SBUX	sell	$77.340	short
2013-12-10 10:52:54	SBUX	buy	$77.370	short
2013-12-10 10:52:54	SBUX	buy	$77.370	short
2013-12-10 10:53:22	SBUX	sell	$77.340	short
2013-12-10 11:00:29	SBUX	sell	$77.280	short
2013-12-10 11:29:29	SBUX	buy	$77.425	short
2013-12-10 11:29:30	SBUX	buy	$77.425	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SBUX&trade=742248&end=20140109&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SBUX&trade=742248&end=20131210134430&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SBUX&trade=742248&end=20131210160000&i=m10&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=SBUX&trade=742248&end=20140509&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

markmandy54_BOWS

2013-12-15 23:06:07

Nice entry, bad exit.

johnc_BOWS

2013-12-16 01:03:53

Honestly, this was a bad entry. I know it sounds silly, but I've stepped up my game in just a few days ever since I went back to TOS. Now, I would more likely:

1) Short 77.79. Low volume bounce to 9ema failed and dropped. I should've hit the much lower risk entry a the second 9ema tap. Bad stop, too. Stop should've been just above 9ema, since SBUX had been respecting it all morning.

johnc_BOWS

2013-12-16 01:03:53

Honestly, this was a bad entry. I know it sounds silly, but I've stepped up my game in just a few days ever since I went back to TOS. Now, I would more likely:

SBUX Trade on Dec 10, 2013 10:49 from johnc_BOWS: Tradervue User Stock Trades.

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