CNAT Trade on Jan 10, 2014 09:46 from EL_BOWS: Tradervue User Stock Trades.

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EL_BOWS

 

Seems like every day there's a stock that really gets me. Today it was CNAT. The stock was +4.45 on the day, but I managed to go $-362 on three trades.

Gapper. First buy was on a 3-candle morning flag as it broke through 20EMA. Missed selling into the spike because I was looking at other stocks -- the morning is so busy! Is there a way to set a sell order in the future? Like, "if this hits x, sell y shares." Anybody know? I find that I'm often looking away and miss selling into spikes because they happen in a hot minute. Stopped out to the penny again, on the lowest point of the next candle.

Next entry was in the flag. Re-upped two candles later as volume diminished in the flag. Stopped out as it broke below 9 EMA.

Final entry before I removed the stock from my vision was after the stock broke above the 9EMA. This was a bad entry. No volume support, no real setup (though I convinced myself it was a sloppy flag. Shaken out next candle.


Execution detail:

Date/time Symbol Side Price Position
2014-01-10 09:46:23 CNAT buy $12.760 long
2014-01-10 09:59:52 CNAT sell $12.570 0
2014-01-10 10:39:45 CNAT buy $14.170 long
2014-01-10 10:47:59 CNAT buy $14.230 long
2014-01-10 10:49:09 CNAT sell $13.900 0
2014-01-10 11:14:19 CNAT buy $14.090 long
2014-01-10 11:18:06 CNAT sell $13.790 0


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