AGIO Trade on Jan 16, 2014 09:39 from kt_mishra_BOWS: Tradervue User Stock Trades.

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kt_mishra_BOWS

 

This was on my radar for a Rubber band snap-back.

Entry:
I tried getting in at the break of support at $40.
But the spreads were so big on this that my limit order for $40 didn't get hit in spite of it hitting the $40 mark.
Afraid of missing out, I cancelled my limit order and put in a market order, just as it ran down to 39, and I ended up getting a pretty bad fill.
Fortunately the stock consolidated around $39, and broke down again.

Exit:
Took out profits as it dropped a dollar, and lowered my stop, to find it getting hit instantly.

My thoughts:
I guess, I'm afraid of missing out.. knowing that I only so much time available to trade.. something I'll be better aware of.


Execution detail:

Date/time Symbol Side Price Position
2014-01-16 09:39:05 AGIO sell $39.040 short
2014-01-16 10:20:10 AGIO buy $37.970 short
2014-01-16 10:26:07 AGIO buy $38.330 short
2014-01-16 10:27:17 AGIO buy $38.310 0


Comments

2014-01-16 17:15:48
 

Nice setup

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