INSY Trade on Mar 17, 2014 10:17 from Mike_Lucas_BOWS: Tradervue User Stock Trades.

20 SMA bounce setup. Buy limit at $70.95, with a stop at $68.60. .5% portfolio risk gave me 54 shares.

Stock apparently opened up above my buy limit, and eventually fell back into it.

This is the problem I've been having lately with my swing trades. I set my parameter's, get filled and the stock doesn't bounce. It knife's through. Maybe I'm setting my buy limits too high? Should have the lack of volume from the previous trading day been a clue?

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-03-17 10:17:52	INSY	buy	$70.880	long
2014-03-17 11:20:54	INSY	sell	$68.590	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=INSY&trade=898276&end=20140416&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=INSY&trade=898276&end=20140317160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=INSY&trade=898276&end=20140317133054&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

INSY Trade on Mar 17, 2014 10:17 from Mike_Lucas_BOWS: Tradervue User Stock Trades.

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