AVGO Trade on Dec 17, 2013 10:53 from bethomas47_BOWS: Tradervue User Stock Trades.

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bethomas47_BOWS

 

Range break
No setup really
Loss

Tried for range break twice but the bid ask spread was too much for me and I got stopped out twice.

Finally took off but I was jittery by then and missed the good run-up.


Execution detail:

Date/time Symbol Side Price Position
2013-12-17 10:53:27 AVGO buy $53.010 long
2013-12-17 10:57:13 AVGO sell $52.920 0
2013-12-17 11:21:37 AVGO buy $53.150 long
2013-12-17 11:21:37 AVGO buy $53.150 long
2013-12-17 11:28:23 AVGO sell $52.990 0
2013-12-17 11:37:54 AVGO buy $53.190 long
2013-12-17 11:43:57 AVGO sell $53.330 long
2013-12-17 11:43:57 AVGO sell $53.320 0


Comments

2013-12-17 19:17:09
 

It was consolidating making higher lows. You needed a looser stop, it never broke the trend. If the spread is wide go smaller on your position size then scale in more shares when you notices strength.

2013-12-17 23:02:54
 

Nape_BOWS I need a great trade to start the day. If one or two don't go my way then it makes it harder to stay in a trade when it is finally ready to go.

How long have you been at this>

Thanks for your comments!

2013-12-17 23:15:54
 

I understand. At times I find myself making the same mistakes, when my first two trades of the day go wrong.

I have been trading under Kunal for a year, but I have been missing around with stocks since 2006 but never had to proper guidance until I met Kunal.

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