SWI Trade on Feb 6, 2014 11:03 from jmoscate_BOWS: Tradervue User Stock Trades.

Play: break of vwap and flag

Stupid stupid stupid play. I think I broke every rule on this one. Chased it as I couldn't get filled, not a great flag, revenge trade from my previous loss in this trade, angry trade bc of TOS and missed opportunities, loose stop loss which should have been right under the VWAP since this was my play and went in too big. All of this resulted in my biggest loss in quite a while now. This is a pretty embarrassing trade as I took it for all the wrong reasons.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-06 11:03:21	SWI	buy	$42.870	long
2014-02-06 11:03:21	SWI	buy	$42.860	long
2014-02-06 11:03:21	SWI	buy	$42.860	long
2014-02-06 11:13:41	SWI	sell	$42.680	long
2014-02-06 11:13:49	SWI	sell	$42.680	long
2014-02-06 11:14:19	SWI	sell	$42.640	long
2014-02-06 11:14:22	SWI	sell	$42.640	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SWI&trade=831595&end=20140308&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SWI&trade=831595&end=20140206133922&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-02-06 17:51:32

We all make mistakes. On to the next one and make a great one!

Markmandy54

2014-02-06 18:55:20

That was a tuff one as just ran up on very low volume to some choppy overhead supply from earlier as well as previous day.

jmoscate_BOWS

2014-02-06 19:27:09

Like you said, it was also on low volume AND had some great overhead supply from the previous day. I actually saved this trade to remind myself of what NOT to do.

SWI Trade on Feb 6, 2014 11:03 from jmoscate_BOWS: Tradervue User Stock Trades.

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