PANW Trade on Mar 3, 2014 15:50 from fmmand201: Tradervue User Stock Trades.

Overnight hold. I am ok with my scale outs on this. I bows reviewed just to show off. :):):)

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-03-03 15:50:13	PANW	buy	$67.920	long
2014-03-03 15:50:13	PANW	buy	$67.920	long
2014-03-03 15:50:14	PANW	buy	$67.920	long
2014-03-03 15:50:23	PANW	buy	$67.910	long
2014-03-04 08:40:08	PANW	sell	$69.380	long
2014-03-04 09:28:00	PANW	sell	$69.350	long
2014-03-04 09:34:27	PANW	sell	$69.600	long
2014-03-04 09:34:28	PANW	sell	$69.570	long
2014-03-04 10:01:22	PANW	sell	$70.600	long
2014-03-04 10:11:52	PANW	sell	$70.550	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=PANW&trade=868357&end=20140403&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=PANW&trade=868357&end=20140304122652&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=PANW&trade=868357&end=20140304112352&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Markmandy54

2014-03-04 18:41:48

Nice conviction buy for the swing. Great Gap up.

Nape_BOWS

2014-03-04 19:31:00

What was your stop and reason for holding overnight?

Sayed

2014-03-04 19:40:30

Good job. i saw this yesterday for possible swing.

fmmand201

2014-03-04 20:31:57

Nape...If you look at the 30 minute chart from yesterday 66.90 was my stop. I entered because as the market was pulling back @3pm $PANW was moving up with increasing volume. With the strength of the late day ptice/vol action I believed it would be a good candidate for a move up in the morning. Also...oversold Stochastics. I also felt if it gapped down in the morning below my stop yesterday's low would most likely hold. Today's market gap up was a bit of luck I am happy to have benefited from.
Thx all for the comments!

Nape_BOWS

2014-03-04 20:44:01

I did notices all of that. I'm just bias against holding anything overnight right now with all this mayham going on in Russia. It could have easily gap down to the 50ma which was the next support level on the daily chart at $63.80.

fmmand201

2014-03-04 21:22:40

For me at this time missing the trade would have been more psychologically damaging than the possible loss. I felt a conviction so I took it!!! I am currently doing exercises to increase my share size and hold time. Prior to BOWS I had been stuck in fear trading for a long time and stuck at break even forever. For the past 3 weeks I have been increasing my positions...size and hold time specifically to increase my risk tolerance. I am seeing positive change and improvement.
I REALLY DO APPRECIATE the feedback as it forces me to own up and pay attention to what I am doing. Thanks!!!!!

Narrow_Gate

2014-03-05 00:18:38

Well done! And good to see some swing trades in here

Nape_BOWS

2014-03-05 06:09:07

I see. Nice it work out for you.

PANW Trade on Mar 3, 2014 15:50 from fmmand201: Tradervue User Stock Trades.

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