TSLA Trade on Dec 19, 2013 10:41 from markmandy54_BOWS: Tradervue User Stock Trades.

I missed the first test of falling 9EMA so kept on radar for a weak bounce to retest the falling 9EMA again. As soon as it did and rolled, took short with -.25 stop, Target +1, +2, +3 and swing rest. I kept moving my stop down just above 9EMA and ended up micro managing.

2 LESSONS: WITH that tight of a great stop, can up my size. And need to honor original stop until there is the next obvious stop to raise to.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-12-19 10:41:12	TSLA	sell	$143.320	short
2013-12-19 10:54:02	TSLA	buy	$142.300	short
2013-12-19 11:10:53	TSLA	buy	$142.680	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=752758&end=20140118&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=752758&end=20131219160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=752758&end=20131219133053&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=752758&end=20131219120053&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

daniel_lopez_BOWS

2013-12-20 17:43:46

perfect dead cat bounce! stop was a bit to tights. other than that awesome job!

johnc_BOWS

2013-12-26 20:34:03

Such a good play. Your entries are great on the trades I've seen lately. When you feel confident about your entries, I would highly recommend working on your scale-outs and waiting until you get stopped out before exiting.

TSLA Trade on Dec 19, 2013 10:41 from markmandy54_BOWS: Tradervue User Stock Trades.

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