LVLT Trade on Feb 6, 2014 10:06 from silverholden: Tradervue User Stock Trades.

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silverholden

 

I had this on watch for a range break on the daily. I missed the pop, but caught the pull back to EMA, although was just a tiny bit late on my entry. I think my entry was good. I set a limit sell for half at 36.40, where there appeared to be some past price resistance. This thing missed by a penny or two twice. I sensed that it was going to break out big time, so I was getting ready to cancel the limit and instead split my stops into halves with one at my buy and another to ride up as it went. I set the rider at a nice flat spot on the chart above my buy as a place holder while I waited for this to take off, and instead it rolled over in about 10 seconds and took out both of my stops. I was really surprised. On the one hand I ended up slightly green, on the other my original stop was at 35.75, and I would have survived this drop and made more on the run-up later on.


Execution detail:

Date/time Symbol Side Price Position
2014-02-06 10:06:20 LVLT buy $35.950 long
2014-02-06 11:25:46 LVLT sell $36.100 long
2014-02-06 11:27:21 LVLT sell $35.950 0


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