GALE Trade on Feb 14, 2014 09:52 from silverholden: Tradervue User Stock Trades.

I was watching this for continued shorting after a day of rest yesterday. It obliged, although I exited poorly. Once it broke range in the morning I shorted, and covered some at resistance at 4 (Probably too early). When it looked like it was going to have no problem dropping more I added back to my position. I rode down my stop a little too tightly. Profitable, but not as much as it should have been.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-14 09:52:43	GALE	sell	$4.070	short
2014-02-14 10:09:01	GALE	buy	$4.010	short
2014-02-14 10:12:59	GALE	sell	$4.010	short
2014-02-14 10:25:04	GALE	buy	$3.770	short
2014-02-14 10:37:16	GALE	buy	$3.930	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GALE&trade=843054&end=20140316&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(20)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GALE&trade=843054&end=20140214200000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=sma(20)');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=GALE&trade=843054&end=20140214125216&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=vwap(none)');}

Comments

EL_BOWS

2014-02-15 00:43:42

Bit of a chase on the entry, but still valid. First sell was great to book some profit. Second cover, as you said, was too tight (it's hard when you're staring at it!).

EL_BOWS

2014-02-15 00:45:46

Sorry -- I was looking at the 30 minute chart (I'm used to the 5 being first); entry was not a chase, it was great. Second cover was great; third -- stop was too tight as it was bouncing on no volume right into the MA - no reason to sell.

GALE Trade on Feb 14, 2014 09:52 from silverholden: Tradervue User Stock Trades.

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