FPRX Trade on Mar 17, 2014 12:56 from stormstocks_BOWS: Tradervue User Stock Trades.

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stormstocks_BOWS

 

FIRST TRADE:

It seemed to me that the stock was at the APEX of its coil. OBV grows, volume grows. Actually at the apex everything should be quiet. I bought. And stock run to HOD where I sold.
Set Up: Yes
Stop: 21.98
Would I make this trade with real money?: Yes

SECOND TRADE:

As the tech looked so good and I saw very light pull back off the resistance, I decided to reenter as I expected more upside. Tech really nice. OBV in HOD. The warning sigh should be that stock tried to run up again and could not. At that moment I should have sold. But OBV looked really good so I did not. Instead I purchased 100 more shares on bigger pullback. But stock pulled back even more and took out my stop. I had a bad timing cause the expected break out came later that day.
Set up: So So (some pullback play)
Stop: 22.20
Would I make this trade with real money: Probably
Bad Timing
I was getting too hungry and I was getting myself into too many trades. At one point I had 3 and this is too much for me. One should be just fine.


Execution detail:

Date/time Symbol Side Price Position
2014-03-17 12:56:36 FPRX buy $22.095 long
2014-03-17 13:47:14 FPRX sell $22.582 0
2014-03-17 13:55:08 FPRX buy $22.360 long
2014-03-17 14:16:39 FPRX buy $22.110 long
2014-03-17 14:28:00 FPRX sell $22.139 0


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