WWE Trade on Mar 7, 2014 09:32 from Mike_Lucas_BOWS: Tradervue User Stock Trades.

Day Trade: Going in I new this stock had to rest for a day. It was outside the upper bollinger band, over bought stochastics. Timing was not great. I didn't have the proper tools to day trade this stock. No real time charts, just an App.

Had the right idea to short, just have to be more patient and be more seasoned with the the rubber band snap back.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-03-07 09:32:47	WWE	sell	$30.230	short
2014-03-07 13:27:17	WWE	buy	$30.930	0
2014-03-07 13:29:18	WWE	sell	$31.020	short
2014-03-07 13:48:17	WWE	buy	$31.500	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=WWE&trade=875570&end=20140406&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=WWE&trade=875570&end=20140307145317&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

ckz8780

2014-03-11 00:02:11

Gotta wait for a sign of weakness. You definitely do not want to short this type of setup on the way up in the AM. Wait for it to put in that blowoff candle with a big upward wick and then hammer it when it rolls over.

WWE Trade on Mar 7, 2014 09:32 from Mike_Lucas_BOWS: Tradervue User Stock Trades.

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