ECYT Trade on May 16, 2018 09:39 from swinging_long: Tradervue User Stock Trades.

This trade would have worked out perfectly without the add. The proper way to add to this trade would have been to wait for a pull back to confirm (pullback, push up, pull back and form a higher low). With that, I'd have a defined risk; instead, I added and simply moved my stop up to break even. If I'm not going to add to a position methodically, I'm better off just keeping my low average and letting the remaining shares ride.

If you wouldn't open a new position at the current price level/action, don't add to it.

Execution detail:

Date/time	Symbol	Side	Price	Position
2018-05-16 09:39:03	ECYT	buy	$12.170	long
2018-05-16 09:59:16	ECYT	sell	$12.370	long
2018-05-16 10:05:09	ECYT	sell	$12.620	long
2018-05-16 10:10:52	ECYT	buy	$12.570	long
2018-05-16 10:15:32	ECYT	sell	$12.467	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ECYT&trade=7428449&end=20180516103332&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ECYT&trade=7428449&end=20180516160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ECYT&trade=7428449&end=20180516160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=ECYT&trade=7428449&end=20180516123032&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

ECYT Trade on May 16, 2018 09:39 from swinging_long: Tradervue User Stock Trades.

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