MTW Trade on Mar 11, 2014 11:24 from ckz8780: Tradervue User Stock Trades.

A bit pre-emptive on the entry here. Would have actually liked, if I was going to entry prematurely, to take the $31.6ish entry on the dip or that same price slightly before 11am. On this entry I was buying into strength but I should have expected an immediate pullback. Regardless the stop was pretty good and I did think this was a high probability setup with another add over $32 when it confirmed momentum and for the $87 I lost I would have taken likely a $400-500 gain, so it was a good trade overall.

300 shares
-$87.00 (-0.92%)

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-03-11 11:24:41	MTW	buy	$31.770	long
2014-03-11 12:01:34	MTW	sell	$31.480	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MTW&trade=893349&end=20140410&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MTW&trade=893349&end=20140311141634&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MTW&trade=893349&end=20140311121934&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Markmandy54

2014-03-16 12:34:58

Daily looked good. Nice entry.

ckz8780

2014-03-16 14:23:20

It was ok. I like entering this style on a dip in the mini-trend rather than at highs, because w/ this entry it just immediately goes red, even if it does work in the end, which is emotionally taxing.

MTW Trade on Mar 11, 2014 11:24 from ckz8780: Tradervue User Stock Trades.

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