RVLT Trade on Mar 10, 2014 09:44 from chrisconnelly3: Tradervue User Stock Trades.

500 to try the pullback after gap up on daily, got faked out, no clue what i could have done to avoid that.. how much further do i need to put my stop under the last low to be safe.. everytime i feel like i guess it wrong... -$30

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-03-10 09:44:38	RVLT	buy	$4.090	long
2014-03-10 09:47:18	RVLT	sell	$4.030	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=RVLT&trade=884466&end=20140310101618&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=RVLT&trade=884466&end=20140409&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-03-10 18:12:12

Remember round numbers are key levels of support.resistance. i would have put my stop at $3.98, just below $4.

ricmneves

2014-03-10 18:46:25

I think the stop was not the problem, but when the setup shows up again we have to hit it again. You should have bought it at the second breakout again. Easy to tell, hard to do after a stop loss.

mick9800_BOWS

2014-03-10 19:03:58

The main issue here is that the stock had risen about 10% in the first 10 minutes excluding the gap up % so it had not really pulled back when u bought it.

chrisconnelly3

2014-03-10 23:41:42

great feedback thank you all! all good points

RVLT Trade on Mar 10, 2014 09:44 from chrisconnelly3: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax