SGOC Trade on Jan 23, 2014 14:22 from silverholden: Tradervue User Stock Trades.

I had been watching this as it slowly trended down throughout the day. When it looked like it was flushing, I shorted. Unfortunately it was just a quick blip down, and it never really went anywhere. I ended up covering towards the end of the day flat.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-01-23 14:22:16	SGOC	sell	$3.400	short
2014-01-23 15:45:10	SGOC	buy	$3.380	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SGOC&trade=812909&end=20140222&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(20)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SGOC&trade=812909&end=20140123200000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=sma(20)');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SGOC&trade=812909&end=20140123174510&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=vwap(none)');}

Comments

charlesk_BOWS

2014-01-23 21:20:20

all those flat lines on the 5min mean nothing was traded. very low volume, tough to trade.

silverholden

2014-01-23 21:48:04

Yeah I know. It was tough to watch. Shouldn't have taken it. Shockingly this was my second best trade of the day on my P/L! I had a really bad day.

BillySee_BOWS

2014-01-23 22:11:31

Agreed, this chart is just plain fugly. If I see a chart that looks like this I take it off my list. Look at it's daily, as charlesk said it's a "Thin" stock, in 7 months it had approx. 6-7 good volume days. This is not a MoMO stock. So many better charts to watch.

kunal00

2014-01-23 22:40:57

no setpu daily

not setup intrady

No volume

No liquidity

kunal00

2014-01-23 22:41:14

stock is dead too looks like it only runs on pr's!

SGOC Trade on Jan 23, 2014 14:22 from silverholden: Tradervue User Stock Trades.

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