Shared by
tomr_BOWS
Took trade when 9EMA held resistance but I chased entry when stock price moved fast. Scaled out on next candle and moved stop to buy price and got stopped out. Need to remember to keep stop at zero-loss trade rather than buy price to avoid getting stopped out prematurely. Traded stock multiple times during the day for small gains. Didn't realize that stock was hitting support at 20DMA on daily chart.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-12-27 09:51:15 | WPCS | sell | $2.620 | short |
| 2013-12-27 09:51:16 | WPCS | sell | $2.620 | short |
| 2013-12-27 09:51:17 | WPCS | sell | $2.621 | short |
| 2013-12-27 10:01:55 | WPCS | buy | $2.500 | short |
| 2013-12-27 10:06:15 | WPCS | buy | $2.650 | 0 |
| 2013-12-27 10:24:19 | WPCS | sell | $2.550 | short |
| 2013-12-27 10:24:19 | WPCS | sell | $2.550 | short |
| 2013-12-27 10:24:19 | WPCS | sell | $2.550 | short |
| 2013-12-27 10:24:19 | WPCS | sell | $2.550 | short |
| 2013-12-27 10:24:19 | WPCS | sell | $2.550 | short |
| 2013-12-27 10:39:30 | WPCS | buy | $2.450 | short |
| 2013-12-27 10:57:22 | WPCS | buy | $2.600 | short |
| 2013-12-27 10:57:22 | WPCS | buy | $2.600 | short |
| 2013-12-27 10:57:22 | WPCS | buy | $2.600 | short |
| 2013-12-27 10:57:22 | WPCS | buy | $2.600 | 0 |
| 2013-12-27 13:41:49 | WPCS | sell | $2.658 | short |
| 2013-12-27 13:41:49 | WPCS | sell | $2.658 | short |
| 2013-12-27 13:41:49 | WPCS | sell | $2.645 | short |
| 2013-12-27 13:41:49 | WPCS | sell | $2.645 | short |
| 2013-12-27 13:41:49 | WPCS | sell | $2.645 | short |
| 2013-12-27 13:41:49 | WPCS | sell | $2.645 | short |
| 2013-12-27 13:41:49 | WPCS | sell | $2.645 | short |
| 2013-12-27 13:41:49 | WPCS | sell | $2.655 | short |
| 2013-12-27 13:42:11 | WPCS | sell | $2.648 | short |
| 2013-12-27 13:42:17 | WPCS | sell | $2.650 | short |
| 2013-12-27 13:42:19 | WPCS | sell | $2.630 | short |
| 2013-12-27 13:43:30 | WPCS | buy | $2.560 | short |
| 2013-12-27 13:43:30 | WPCS | buy | $2.550 | short |
| 2013-12-27 13:43:32 | WPCS | buy | $2.550 | short |
| 2013-12-27 13:43:32 | WPCS | buy | $2.550 | short |
| 2013-12-27 13:43:33 | WPCS | buy | $2.570 | short |
| 2013-12-27 13:53:52 | WPCS | buy | $2.679 | short |
| 2013-12-27 13:53:53 | WPCS | buy | $2.679 | short |
| 2013-12-27 13:53:53 | WPCS | buy | $2.679 | short |
| 2013-12-27 13:53:54 | WPCS | buy | $2.700 | 0 |
| 2013-12-27 14:01:47 | WPCS | sell | $2.670 | short |
| 2013-12-27 14:01:49 | WPCS | sell | $2.651 | short |
| 2013-12-27 14:02:10 | WPCS | sell | $2.651 | short |
| 2013-12-27 15:18:25 | WPCS | buy | $2.550 | short |
| 2013-12-27 15:59:38 | WPCS | buy | $2.515 | short |
| 2013-12-27 15:59:38 | WPCS | buy | $2.510 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!