LGND Trade on Mar 13, 2014 12:03 from EL_BOWS: Tradervue User Stock Trades.

This kind of play has been happening to me for a while, and I'm wondering if I'm doing something wrong or if it's the market? This is a lunchtime buy and I know we're advised against it, but this looked too good to pass on regardless of time.

Gap up, runs in morning, flagged with MA running up underneath, bought when candle went green. Immediate reversal and stop out.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-03-13 12:03:37	LGND	buy	$75.720	long
2014-03-13 12:23:14	LGND	sell	$75.470	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=LGND&trade=889218&end=20140412&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=LGND&trade=889218&end=20140313144814&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=LGND&trade=889218&end=20140313160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Sayed

2014-03-13 19:13:28

Curse of lunch hour also today the market was weak right after open as everything was faded. I would have just passed.

Nape_BOWS

2014-03-13 19:22:23

Agree with Sayed.

LGND Trade on Mar 13, 2014 12:03 from EL_BOWS: Tradervue User Stock Trades.

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