SCTY Trade on Jan 16, 2014 11:14 from rrace11_BOWS: Tradervue User Stock Trades.

I missed a couple of entries on this because I was hesitant to get back in it after taking an earlier hit. Scaled out in 1/3s, into spikes. I got stopped out when it wicked below the 9 EMA. I had my stop set .10 below it. I'm having a tough time deciding how loose or tight to keep my stop once I'm in a winning trade. For intraday charts is it best to set the stop below MA's or price support?

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-01-16 11:14:38	SCTY	buy	$73.859	long
2014-01-16 11:14:41	SCTY	buy	$73.860	long
2014-01-16 11:18:19	SCTY	sell	$74.371	long
2014-01-16 11:37:39	SCTY	sell	$74.955	long
2014-01-16 12:08:38	SCTY	sell	$74.800	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SCTY&trade=790738&end=20140215&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SCTY&trade=790738&end=20140116141838&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Sayed

2014-01-16 20:10:17

well, stop for solar stock needs to be loose because they tend head fake.. That is the reason, u need to have the absolute best entry.

Sayed

2014-01-16 20:11:07

One other tip, don't stop out on the move to EMA. wait for next candle.

rrace11_BOWS

2014-01-17 12:21:05

Really helpful insight Sayed! Thanks so much!

SCTY Trade on Jan 16, 2014 11:14 from rrace11_BOWS: Tradervue User Stock Trades.

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