AAPL Trade on Dec 24, 2013 10:02 from PaulT_BOWS: Tradervue User Stock Trades.

What the hell was I thinking? (face palm) THERE IS NO SETUP HERE! EMOTIONAL IMPULSE TRADING.

Looking to desperately somehow make a profit, I chased a gap up. Anticipating a continuation of the uptrend, I held it way too long (because I did not want to admit that I had made a mistake).

Before taking a position, I should have watched for a few days after the gap up. There should have been consolidation with support somewhere close to the previous high or at a moving average. Instead there was no support and it just kept fading.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-12-24 10:02:00	AAPL	buy	$569.610	long
2013-12-30 09:34:00	AAPL	sell	$555.260	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=AAPL&trade=759610&end=20140524&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=AAPL&trade=759610&end=20140124&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=AAPL&trade=759610&end=20131230160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=AAPL&trade=759610&end=20131230093400&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

AAPL Trade on Dec 24, 2013 10:02 from PaulT_BOWS: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax