TRLA Trade on Dec 20, 2013 13:28 from johnc_BOWS: Tradervue User Stock Trades.

Ran into resistance at 35.00 on the daily. It plunged, did a low volume bounce and seemed to fail. I shorted it when it broke the 9ema again. I took profits too quickly because an earlier loss made me loss-averse, and I also felt a need to protect my profits for the week (which harmed my trading). As a result, I exited too early and missed the move.

My original stop was just above that candlewick that failed the 20ema.

Type 3 trade because I gave up a great trade but ended at break even.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-12-20 13:28:49	TRLA	sell	$33.890	short
2013-12-20 13:28:49	TRLA	sell	$33.890	short
2013-12-20 13:28:50	TRLA	sell	$33.890	short
2013-12-20 13:28:50	TRLA	sell	$33.890	short
2013-12-20 13:49:33	TRLA	buy	$33.790	short
2013-12-20 13:49:34	TRLA	buy	$33.790	short
2013-12-20 14:02:52	TRLA	buy	$33.930	short
2013-12-20 14:02:52	TRLA	buy	$33.930	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=TRLA&trade=753926&end=20140119&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=TRLA&trade=753926&end=20131220160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=TRLA&trade=753926&end=20131220160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=TRLA&trade=753926&end=20140519&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

markmandy54_BOWS

2013-12-29 02:35:30

Nice short thought at retest of resistance on daily, like your entry, as long as stayed under that 34 no reason to cover.

TRLA Trade on Dec 20, 2013 13:28 from johnc_BOWS: Tradervue User Stock Trades.

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