PRAN Trade on Feb 19, 2014 09:34 from jcbugos_BOWS: Tradervue User Stock Trades.

I watched the open on the 1 minute to try to short, it gapped down at the open and spiked up, but didn't hold, so I shorted. Sold 1/4 on the flush, 1/4 when it started running up and moved my stop down. Stock ran up and hit my stop selling the other 1/2. How could I have improved on this, left the stop higher?

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-19 09:34:08	PRAN	sell	$9.996	short
2014-02-19 09:50:38	PRAN	buy	$9.360	short
2014-02-19 10:04:40	PRAN	buy	$9.570	short
2014-02-19 10:21:29	PRAN	buy	$9.720	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=PRAN&trade=847527&end=20140321&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=PRAN&trade=847527&end=20140219103529&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=PRAN&trade=847527&end=20140219160000&i=m60&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

EL_BOWS

2014-02-19 21:58:57

You nailed that entry! Exit strategy is something we all struggle with. Something to keep in mind is how much had been given back -- from 10.15 to 9.20 -- almost a dollar on a $10 stock == 10%. That's quite a bit.

PRAN Trade on Feb 19, 2014 09:34 from jcbugos_BOWS: Tradervue User Stock Trades.

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