IQNT Trade on Jan 21, 2014 12:52 from MartinB_BOWS: Tradervue User Stock Trades.

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MartinB_BOWS

 

Bought it in late morning session thinking it was breaking out to new highs with momentum. Sold 2/3 of position as it was struggling to move higher - meeting supply at $13.15. Sold the rest as price was dropping fast.

I would grade this trade as B-

Lesson: beware of late morning breakouts


Execution detail:

Date/time Symbol Side Price Position
2014-01-21 12:52:55 IQNT buy $12.900 long
2014-01-21 13:18:10 IQNT sell $13.060 long
2014-01-21 13:42:55 IQNT sell $13.020 0


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