Shared by
Rashod81_BOWS
FLUUUKE! My first entry was just testing to see if I could buy pre-market and hhave it automatically executed when market opens. It did.
I was watching this stock for a big breakout after it gapped up pre-market. I entered perfectly, and feel as though I managed it perfectly as well. However, due to some crazy, phantom glitch my 25.50 stop got triggered but didn't fill until 22.44.
I wanted some reparations for my inconvenience from earlier. But, I handled it wrong. I'm noticing that I seem to be missing plays by a few candles, so I'm able to recognize the setups but I'm getting stopped out. I set my hard stop right beneath the lowest candle in the base. But it seems like I keep catching one small spike and getting stopped out right before the move.
I need some help with this one. Any suggestions will be put to use. Thx.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-01-16 09:30:00 | SRPT | buy | $23.080 | long |
| 2014-01-16 09:30:00 | SRPT | buy | $23.150 | long |
| 2014-01-16 09:30:00 | SRPT | buy | $23.100 | long |
| 2014-01-16 09:30:00 | SRPT | buy | $23.075 | long |
| 2014-01-16 09:30:00 | SRPT | buy | $23.010 | long |
| 2014-01-16 09:30:00 | SRPT | buy | $23.000 | long |
| 2014-01-16 09:31:15 | SRPT | sell | $23.000 | long |
| 2014-01-16 09:31:15 | SRPT | sell | $22.990 | long |
| 2014-01-16 09:31:15 | SRPT | sell | $23.000 | long |
| 2014-01-16 09:31:15 | SRPT | sell | $22.990 | long |
| 2014-01-16 09:31:15 | SRPT | sell | $22.990 | long |
| 2014-01-16 09:31:15 | SRPT | sell | $22.990 | long |
| 2014-01-16 09:31:15 | SRPT | sell | $22.990 | 0 |
| 2014-01-16 09:39:16 | SRPT | buy | $22.710 | long |
| 2014-01-16 09:39:16 | SRPT | buy | $22.660 | long |
| 2014-01-16 09:50:20 | SRPT | sell | $23.930 | long |
| 2014-01-16 09:50:21 | SRPT | sell | $23.900 | long |
| 2014-01-16 10:14:25 | SRPT | sell | $24.370 | long |
| 2014-01-16 10:14:25 | SRPT | sell | $24.370 | long |
| 2014-01-16 10:40:25 | SRPT | buy | $25.860 | long |
| 2014-01-16 10:40:25 | SRPT | buy | $25.910 | long |
| 2014-01-16 10:40:26 | SRPT | buy | $25.910 | long |
| 2014-01-16 10:40:26 | SRPT | buy | $25.920 | long |
| 2014-01-16 10:40:26 | SRPT | buy | $25.920 | long |
| 2014-01-16 11:07:57 | SRPT | sell | $22.250 | long |
| 2014-01-16 11:07:57 | SRPT | sell | $22.500 | 0 |
| 2014-01-16 12:58:53 | SRPT | buy | $26.490 | long |
| 2014-01-16 12:58:53 | SRPT | buy | $26.470 | long |
| 2014-01-16 13:01:19 | SRPT | sell | $26.250 | long |
| 2014-01-16 13:01:19 | SRPT | sell | $26.240 | long |
| 2014-01-16 13:01:19 | SRPT | sell | $26.320 | 0 |
Comments
Sayed
Why not buy it back once it got over the EMA. On a late day setup like ,i use 15 min chart with same 9/20 EMA.
EL_BOWS
I'm having the same issue. I was shaken out of this on the same candle. When I realized it was a spike, I got right back in because the setup was still valid. I have so many notes on my monitors about position sizing... I can't seem to just keep them QUITE small enough and am getting shaken out, often to the penny, and missing runs (I'm almost always under 500 shares unless it's a really perfect setup, with my max loss ~$100). I think the key is to take a slightly smaller position so that you can respect your max loss with a slightly larger stop.
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I though you had this one at the beginning of the day? I saw you holler it out in the chat room. What gives?