CYTR Trade on Dec 12, 2013 15:14 from charlesk_BOWS: Tradervue User Stock Trades.

stupid chat follow at end of day. had a nice P/L so confidence was up... cost me to give back 25% of my daily gains in one stupid trade in 15 minutes.....

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-12-12 15:14:30	CYTR	buy	$6.240	long
2013-12-12 15:28:05	CYTR	sell	$6.030	long
2013-12-12 15:28:05	CYTR	sell	$6.030	long
2013-12-12 15:28:05	CYTR	sell	$6.030	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CYTR&trade=743938&end=20140111&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CYTR&trade=743938&end=20131212160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CYTR&trade=743938&end=20131212160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=CYTR&trade=743938&end=20131212160000&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-12-12 19:25:42

Kunal took this trade as a lotto play. You have to be the judge and ask yourself if it is worth taking or not.

Brutto_BOWS

2013-12-12 19:57:07

I did the same exact thing looking for that last flag break. I kept a super tight stop though since I knew it was risky.

tonyjames98_BOWS

2013-12-12 19:57:38

Got caught on this one too!

iStryker_BOWS

2013-12-12 22:06:36

Your entry was only a second tap of a flat top, not the best setup, third tap is the best, which was in the last 15 minutes, however, it was the last 15 minutes, where ppl were taking profit, so that didn't work.

Honestly you should've played the flag breakout, not the flat top. (the bottom of the green candle you entry, on the 5 minute) Entry 6.10ish. This would be less riskier too, with your stop just under 6.

CYTR Trade on Dec 12, 2013 15:14 from charlesk_BOWS: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax