NBIX Trade on Jan 7, 2014 09:42 from DavidVYPark_BoWS: Tradervue User Stock Trades.

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DavidVYPark_BoWS

 

Gap up in the daily from positive news. Broke out of the lower range back to its highs pre-gapdown. Opening range break on the daily. I tried to add on the pullback but accidentally sold (I'm still new with these hotkeys). Stock bounced and I got back in on the re-break of the opening range. Scaled out a little too heavy in at the beginning. I have a tendency to scale out again right after I just did. After the first scale out, let the stock ride a little bit. Scaling out again too soon defeats the purpose of scaling out. Scale out so that you some profit locked in which gives you a cushion to let the rest develop.


Execution detail:

Date/time Symbol Side Price Position
2014-01-07 09:42:44 NBIX buy $15.690 long
2014-01-07 10:02:52 NBIX sell $15.535 0
2014-01-07 10:09:58 NBIX buy $15.899 long
2014-01-07 10:12:44 NBIX sell $16.350 long
2014-01-07 10:22:48 NBIX sell $16.660 long
2014-01-07 10:41:00 NBIX sell $17.701 0


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