UVXY Trade on Mar 24, 2014 12:43 from stormstocks_BOWS: Tradervue User Stock Trades.

THis was really silly move.
I decided to short it at the resistance of 69.80 with no volume. No a smart move.
I was really just experimenting but I am learning that even ultrashorts have to have their set up for trading and good set up. It does not matter that market goes down and ultrashort is going up if no set up there I should stay away.
SEt up: No
Stop: 69.80
Would I make this trade with real money:? No
Was this chart clean ?: yes

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-03-24 12:43:53	UVXY	buy	$69.700	long
2014-03-24 12:43:53	UVXY	buy	$69.700	long
2014-03-24 12:53:14	UVXY	sell	$69.200	long
2014-03-24 12:53:14	UVXY	sell	$69.200	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=UVXY&trade=909727&end=20140324160000&i=m60&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=UVXY&trade=909727&end=20140324160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=UVXY&trade=909727&end=20140324132014&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=UVXY&trade=909727&end=20140423&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

UVXY Trade on Mar 24, 2014 12:43 from stormstocks_BOWS: Tradervue User Stock Trades.

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