TSLA Trade on Jan 28, 2014 09:47 from charlesk_BOWS: Tradervue User Stock Trades.

ORB chased
I started with a 172.18 stop.
When Kunal said don't let it get below 173 I upped to 173.18.
looks like it wouldn't have mattered anyway as it did hit my 172.18 anyway before going to my target... not sure what I could have done different here.
I seem to set the right targets but I get stopped out.. need to loosen stops and reduce position size I am guessing.
What am I doing wrong?

Too tight stops? as with SCTY it seemed like a good spot.

R = 2 172
T = 4 178

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-01-28 09:47:00	TSLA	buy	$174.180	long
2014-01-28 10:40:00	TSLA	sell	$173.010	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=822982&end=20140227&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=822982&end=20140128125000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=822982&end=20140128160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=TSLA&trade=822982&end=20140128112200&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-01-28 18:58:17

Entry was a chase. $173.68/70 was idea for a scalp trade.

TSLA Trade on Jan 28, 2014 09:47 from charlesk_BOWS: Tradervue User Stock Trades.

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