Shared by
Markmandy54
Trade 1: Great premarket flag at 19.20. Stop -.25, Target +1.25. Missed fill by about .05 off opening drive so moved stop up and got hit. Broke rule of changing rule once in a trade. Should not have micromanaged trade.
Trade 2: Formed another flag and long at apex. Stop -.50, Target +1. Got stopped on NORMAL P/B TO 9EMA. Should have added on the P/B.
Trade 3: Back to highs forming Flat top. Stop -.35, Target +.60. Got stopped on NORMAL P/B TO 9EMA. Should have added on the P/B.
I really traded this poorly and should have been up BIG on it if traded correctly. Very simple to see the mistakes and what to change.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-03-17 09:24:08 | KNDI | buy | $19.200 | long |
| 2014-03-17 09:35:20 | KNDI | sell | $19.310 | 0 |
| 2014-03-17 09:58:09 | KNDI | buy | $20.250 | long |
| 2014-03-17 09:59:57 | KNDI | sell | $19.830 | 0 |
| 2014-03-17 10:12:11 | KNDI | buy | $20.400 | long |
| 2014-03-17 10:30:20 | KNDI | sell | $20.080 | 0 |
Comments
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
Wow, yeah, you kept getting stopped out AT support - you can even draw that trendline. You kept selling where you should have been buying. It never violated the 9ema - should be putting your stops below MA support and below price support areas.