Shared by
tomr_BOWS
Daily: Continuation play
Intraday: Pullback
Gain: $-109 (-2%)
Took trade when stock made a pullback to 9EMA. Target was LOD at $3.75 which it didn't reach and I got stopped out. Bought too many shares and exceeded my max loss/trade of $75. Didn't check daily chart that showed support around $3.75 level. Should have taken trade at the first pullback at the open but I wasn't watching stock at that time.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-12-20 10:30:01 | ALIM | sell | $3.842 | short |
| 2013-12-20 10:30:02 | ALIM | sell | $3.860 | short |
| 2013-12-20 10:30:28 | ALIM | sell | $3.845 | short |
| 2013-12-20 10:30:28 | ALIM | sell | $3.860 | short |
| 2013-12-20 10:31:09 | ALIM | sell | $3.848 | short |
| 2013-12-20 11:17:32 | ALIM | buy | $3.930 | short |
| 2013-12-20 11:17:32 | ALIM | buy | $3.899 | short |
| 2013-12-20 11:17:32 | ALIM | buy | $3.940 | short |
| 2013-12-20 11:17:32 | ALIM | buy | $3.930 | short |
| 2013-12-20 11:17:32 | ALIM | buy | $3.930 | short |
| 2013-12-20 11:17:33 | ALIM | buy | $3.930 | short |
| 2013-12-20 11:17:33 | ALIM | buy | $3.930 | 0 |
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