MEMP Trade on Feb 5, 2014 09:45 from silverholden: Tradervue User Stock Trades.

I was watching this for continuation of yesterdays drop. I caught a reasonable entry near open, but did not play this well once it was not hitting my target. SHould have covered some while I was ahead, instead stopped out.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-05 09:45:12	MEMP	sell	$20.361	short
2014-02-05 10:53:25	MEMP	buy	$20.390	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MEMP&trade=830491&end=20140307&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(20)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MEMP&trade=830491&end=20140205130325&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=sma(20)');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MEMP&trade=830491&end=20140205113125&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=sma(20)');}

Comments

Gena_BOWS

2014-02-05 20:36:59

Pretty good entry. But yeah, you were definitely not planning your exit well here, sorry to say. you can see price support on the daily around 20.20-20.25. Should have set at least a partial scale out around that area, and then you could have moved your stop lower afterwards.

MEMP Trade on Feb 5, 2014 09:45 from silverholden: Tradervue User Stock Trades.

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