GLOG Trade on Jan 16, 2014 12:10 from jj_BOWS: Tradervue User Stock Trades.

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jj_BOWS

 

I missed the initial run up b/c I was focusing on $CHTP so when I pulled this one up to look at - I like the chart. I took a small position for 100 shares b/c I was short 2000 shares of $CHTP and wanted to be realistic in my position sizing. I was trying to spot a good entry as I missed it when it broke above $18.00 - got in at $18.14 and watched it slowly climb higher with only small dips. When it failed to break $18.90 I waited a bit longer for it to test again. It failed and I sold at $18.73. Another good trade for me as I'm gaining confidence in spotting better entries and also learning to be more patient & using my indicators.

Q. For review - was this too late of an entry point? At what point would you skip the trade after it broke over $18.00?


Execution detail:

Date/time Symbol Side Price Position
2014-01-16 12:10:20 GLOG buy $18.140 long
2014-01-16 13:13:30 GLOG sell $18.730 0


Comments

2014-01-16 17:51:20
 

Nice buy point

2014-01-16 18:18:30
 

sweet! playing with the trend!

2014-01-16 21:56:01
 

I really liked the pace of trading this stock. Nice trade.

2014-01-16 22:08:28
 

Ya I completely agree. It was slow enough that I didn't feel overwhelmed watching it while also trading $CHTP.

2014-01-19 21:37:35
 

awesome exit

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