SCTY Trade on Jan 28, 2014 10:06 from EL_BOWS: Tradervue User Stock Trades.

Bought on break of flag confirmation. Flag was a bit sloppy, but I had this on watch for a bounce and it gapped up. Sold as it broke below MA and previous support.

Second sell was because I'd tried to set a limit sell above at my first target, and since there were no shares available to short, it wouldn't let me enter in my full position as a stop. I didn't realize I still had shares until 5 minutes after the first sell.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-01-28 10:06:07	SCTY	buy	$72.880	long
2014-01-28 10:20:25	SCTY	sell	$72.150	long
2014-01-28 10:25:45	SCTY	sell	$71.870	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SCTY&trade=822911&end=20140227&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SCTY&trade=822911&end=20140128125045&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SCTY&trade=822911&end=20140128160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

BlacktieTrader

2014-01-28 18:44:23

Looks like a legitimate setup, just didn't have any follow through unfortunately. I'd say it was well played. I have been trying to recognize too that if a move doesn't happen immediately, chances are it's not...so been trying to keep my stops even tighter then letting them break down that far after it went over 73, and the round number didn't hold would have been something to make me get out now....

SCTY Trade on Jan 28, 2014 10:06 from EL_BOWS: Tradervue User Stock Trades.

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