NFLX Trade on Feb 14, 2014 11:20 from EL_BOWS: Tradervue User Stock Trades.

First short was on an unconfirmed dead-cat bounce into the MA. Tiny little volume bars straight into MA, failed to break the 20EMA, bought as it started to break down. Instead, went straight up and got stopped out before breaking down as expected. Too many shares (too-heavy).

Shorted in the bear flag. On lunch when filled, but only had one LMT stop set so I missed my second target.

Added to short position as it bear flagged into the MA. Went crazy when it broke support.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-14 11:20:54	NFLX	sell	$435.230	short
2014-02-14 11:27:37	NFLX	buy	$435.880	0
2014-02-14 12:10:14	NFLX	sell	$434.390	short
2014-02-14 12:22:37	NFLX	buy	$433.220	short
2014-02-14 13:18:42	NFLX	sell	$433.300	short
2014-02-14 13:35:39	NFLX	buy	$434.050	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NFLX&trade=843037&end=20140316&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NFLX&trade=843037&end=20140214160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NFLX&trade=843037&end=20140214160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Markmandy54

2014-02-14 17:17:17

I see your thought process, great 2nd attempt, you nailed it.

jmoscate_BOWS

2014-02-14 19:16:57

Great entry on the 2nd. For your first entry, wait for a candle for confirmation. This will eliminate quite a few losers

PHILnomenal

2014-02-15 20:58:20

Beauty 2nd entry!!! That's the stuff :)

NFLX Trade on Feb 14, 2014 11:20 from EL_BOWS: Tradervue User Stock Trades.

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