YOD Trade on Feb 11, 2014 14:33 from silverholden: Tradervue User Stock Trades.

So I had been watching this since early morning action, and missed all the long action on the run-up. It made what appeared to be a 1-2-3 reversal, and I shorted this at I think a pretty good entry. I had several candles that were pretty tight, and I put my stop at 7.06 just over the top of the wicks of the previous four 5 min candles. I then left it for about 10-15 minutes, and apparently it spiked to 7.07(!) stopping me out, and when I came back I had no entry as it had already began to flush. Opinions on things I should have done differently? Should I have known to put my stop higher?

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-11 14:33:52	YOD	sell	$6.960	short
2014-02-11 14:41:02	YOD	buy	$7.040	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=YOD&trade=838342&end=20140313&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(20)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=YOD&trade=838342&end=20140211170602&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=YOD&trade=838342&end=20140211160802&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=sma(20)');}

Comments

jcbugos_BOWS

2014-02-11 21:54:33

it looks good, but your stop was too tight, the top of the candle a little earlier was $7.13. barely stopped out, you were close

YOD Trade on Feb 11, 2014 14:33 from silverholden: Tradervue User Stock Trades.

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