BGMD Trade on Jan 6, 2014 10:28 from silverholden: Tradervue User Stock Trades.

I had BGMD on my list as a long, and decided to take it short on a quick scalp this morning. It went red on open after a good green move yesterday, I waiting until the ma's got closer to the price action and shorted under the 9 EMA on the 5 minute. I put my stop at 1.38 which was supported by ma's on 30 minute and 5 minute charts.

Basically this trade was a mistake, and I should not have taken it. Long term trend is neutral, and short and medium are both up. So I was fighting the trends here, and by the time my supporting ma's caught up with the action the scalp action was already over before I ever entered.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-01-06 10:28:25	BGMD	sell	$1.300	short
2014-01-06 10:29:20	BGMD	buy	$1.310	short
2014-01-06 10:30:01	BGMD	buy	$1.310	0
2014-01-06 10:35:21	BGMD	sell	$1.310	short
2014-01-06 11:29:35	BGMD	buy	$1.380	short
2014-01-06 11:29:35	BGMD	buy	$1.380	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BGMD&trade=772971&end=20140205&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(20)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BGMD&trade=772971&end=20140106200000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=BGMD&trade=772971&end=20140106133935&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

BGMD Trade on Jan 6, 2014 10:28 from silverholden: Tradervue User Stock Trades.

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