RMTI Trade on Jan 7, 2014 11:23 from mirko_BOWS: Tradervue User Stock Trades.

My worst trade of the day.

Shorted on the flag breakdown after the stock could not hold it's morning highs. The better entry was the flag breakout one candle before.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-01-07 11:23:59	RMTI	sell	$10.450	short
2014-01-07 11:24:56	RMTI	sell	$10.450	short
2014-01-07 11:25:21	RMTI	sell	$10.450	short
2014-01-07 11:42:37	RMTI	buy	$10.610	short
2014-01-07 11:42:48	RMTI	buy	$10.590	short
2014-01-07 11:42:58	RMTI	buy	$10.588	short
2014-01-07 11:43:12	RMTI	buy	$10.590	short
2014-01-07 11:43:13	RMTI	buy	$10.590	short
2014-01-07 11:43:16	RMTI	buy	$10.580	0
2014-01-07 11:57:12	RMTI	sell	$10.410	short
2014-01-07 11:57:12	RMTI	sell	$10.400	short
2014-01-07 13:00:12	RMTI	buy	$10.500	short
2014-01-07 13:00:12	RMTI	buy	$10.500	short
2014-01-07 13:00:12	RMTI	buy	$10.500	short
2014-01-07 13:01:49	RMTI	buy	$10.500	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=RMTI&trade=773850&end=20140206&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=RMTI&trade=773850&end=20140107145649&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-01-07 19:35:17

Stock is oversold on daily chart. Not a good short attempt.

Sayed

2014-01-07 20:54:38

Stock having a first good day after getting pounded. Let it enjoy the air a bit!

mirko_BOWS

2014-01-08 02:21:40

True Sayed, there was basically no setup here and it was a bad trade on my side.

Appreciate your feedback!

RMTI Trade on Jan 7, 2014 11:23 from mirko_BOWS: Tradervue User Stock Trades.

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