LVLT Trade on Feb 6, 2014 10:41 from EL_BOWS: Tradervue User Stock Trades.

Buy on ftbo/flag break. First sell was a mistake (wrong order type). Re-added to position in flag as MA rounded underneath. Sold into spike/previous resistance. Sold as it rounded through support. Scratch trade.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-06 10:41:40	LVLT	buy	$36.210	long
2014-02-06 10:42:23	LVLT	sell	$36.270	long
2014-02-06 10:57:33	LVLT	buy	$36.170	long
2014-02-06 11:18:16	LVLT	sell	$36.360	long
2014-02-06 11:25:46	LVLT	sell	$36.100	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=LVLT&trade=832887&end=20140308&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=LVLT&trade=832887&end=20140206134046&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=LVLT&trade=832887&end=20140206160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Rashod81_BOWS

2014-02-06 20:09:17

When I see a stock that has already had two pull backs after a huge runup I count them as a loss and move on. Around that time you can definitely find better trade setups.

Also, you don't necessarily have to make any trades. Intentionally let a few slide from time to time, unless it is presenting the perfect entry tailor-made to your desires.

silverholden

2014-02-06 20:30:53

I did a similar thing. It really looked to me like LVLT wanted to go, I believe I ended up flat just like you.

LVLT Trade on Feb 6, 2014 10:41 from EL_BOWS: Tradervue User Stock Trades.

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