T Trade on Oct 24, 2018 09:51 from 240trader1: Tradervue User Stock Trades.

Gravatar

Shared by
240trader1

 

i chased this stock today because i was kinda annoyed at myself for not taking it short at the open as soon as support broke. i traded it good cut my losses fast. im really trying to improve my tape reading when im in with big size so i dont get draw down on this account. I should have been following the trend short not longing it.


Execution detail:

Date/time Symbol Side Price Position
2018-10-24 09:51:00 T buy $31.020 long
2018-10-24 09:52:55 T sell $31.030 long
2018-10-24 09:54:22 T sell $30.970 0
2018-10-24 09:55:11 T buy $30.910 long
2018-10-24 10:00:22 T sell $30.990 0
2018-10-24 10:01:41 T buy $31.040 long
2018-10-24 10:04:12 T sell $31.160 0
2018-10-24 10:23:02 T buy $30.900 long
2018-10-24 10:26:09 T buy $30.920 long
2018-10-24 10:29:53 T sell $30.860 0


Comments

2018-10-27 13:20:26
 

Hey... this is a tough play! I considered trading this short as you suggested, but my experience has shown that shorting gap down plays on WELL KNOWN stocks like this have a poor expectancy. So didn't trade it and missed out on this one. I am still trying to work on some kind of indicator that might give me a clue as to when these plays work on well known stocks. It's a bit of a crap shoot as far as I can tell though.

I have also played around with the idea of taking the reversal long, but this one didn't turn out to trigger that idea.

2018-11-09 21:57:02
 

it is most the time unless you a have a catalyst in your favor

Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in