SGMO Trade on Jan 9, 2014 09:45 from jj_BOWS: Tradervue User Stock Trades.

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jj_BOWS

 

Great morning call out by Kunal! This was a great morning trade for me to practice on. Price action was strong but not moving too fast. I went long 1000 shares - mrkt order w/average fill of $16.475 after looking at the chart and seeing it had a nice double top at $16.50 It broke through and I watched the 1-min as it climbed. Sold 500 shares at $16.56 thinking it was time to take profits and scale out. lee the other 500 shares climb till it tested $16.85 and sold as it pulled back at $16.82. Great trade but I should have gotten back in after it broke out again at $17.50 but I also thought it was overbought at that level. This was also a confidence booster trade for me after losing on a couple others and also gave me good practice on scaling out.


Execution detail:

Date/time Symbol Side Price Position
2014-01-09 09:45:15 SGMO buy $16.480 long
2014-01-09 09:45:15 SGMO buy $16.472 long
2014-01-09 09:48:37 SGMO sell $16.560 long
2014-01-09 09:48:37 SGMO sell $16.560 long
2014-01-09 09:48:37 SGMO sell $16.560 long
2014-01-09 09:48:37 SGMO sell $16.560 long
2014-01-09 09:48:37 SGMO sell $16.570 long
2014-01-09 09:48:37 SGMO sell $16.570 long
2014-01-09 09:53:36 SGMO sell $16.824 0


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