NFLX Trade on Jan 23, 2014 10:56 from EL_BOWS: Tradervue User Stock Trades.

Hard to see here, but the previous 5 candles has tapped against 388.67. I bought as it broke through (though somehow missed it by a DOLLAR cause this thing moved that fast as I was typing in my order!). Had increased my max loss for this trade because the stock moves so fast and it didn't break my rules -- it was a nice orderly squeeze up to the MAs on low volume, then spiked and I got stopped out to $0.20 before the crazy flush. My stop was still too tight, and I knew it (it was 15 cents below the next level of resistance) but I didn't want to max my max loss 2.5x in case I was wrong, 2x was enough.

Hard to swallow this loss as I broke my rule and then it immediately broke down. Six candles later it was down $9.50, and I was stopped out for $0.20.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-01-23 10:56:51	NFLX	sell	$387.780	short
2014-01-23 11:15:54	NFLX	buy	$389.700	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NFLX&trade=811364&end=20140222&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NFLX&trade=811364&end=20140123134054&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NFLX&trade=811364&end=20140123160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

markmandy54_BOWS

2014-01-23 18:01:57

This is the exact same play i took and got stopped at the same shakeout. Dang she was sassy today.

EL_BOWS

2014-01-23 18:12:23

SO. MUCH. SASSSSSSSS. haha

NFLX Trade on Jan 23, 2014 10:56 from EL_BOWS: Tradervue User Stock Trades.

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