KOOL Trade on Jan 24, 2014 10:49 from silverholden: Tradervue User Stock Trades.

I took this short after I flipped a long position in KOOL earlier. at some point I didn't like the look of this, so I covered flat. I could have set a stop with perfectly acceptable risk, but didn't I think due to the earlier loss in mind.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-01-24 10:49:05	KOOL	sell	$2.850	short
2014-01-24 11:36:34	KOOL	buy	$2.850	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=KOOL&trade=815373&end=20140223&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(20)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=KOOL&trade=815373&end=20140124200000&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=KOOL&trade=815373&end=20140124135134&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=vwap(none)');}

Comments

Nape_BOWS

2014-01-24 16:16:52

You cant take that trade. You bought the end of the flush. Wait for it to pullback and give you another opportunity.

Nape_BOWS

2014-01-24 16:17:24

shorted the end of the flush*

silverholden

2014-01-24 16:18:58

Yes, this was really a compounded error. I shorted this based on a stop on my long trade. Since that was too low, not only did I lose more on the long than needed, I also got a poor entry for the short.

KOOL Trade on Jan 24, 2014 10:49 from silverholden: Tradervue User Stock Trades.

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