GME Trade on Mar 28, 2014 14:19 from LPeriman_BOWS: Tradervue User Stock Trades.

Twice, shorted as it broke the moving average when I saw it unable to get over the resistance on the daily chart.

Clearly it didn't work and price ran to my stop.

BOWS_Team: I see the tap tap tap at the resistance and was biased to think "this stock can't break resistance so could fall here", rather than "this stock is tapping on the resistance so could run here". I think these were good trades that just didn't work. But, I'd appreciate validation on whether this is true or not. Thanks in advance.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-03-28 14:19:43	GME	sell	$39.760	short
2014-03-28 14:51:16	GME	buy	$39.942	0
2014-03-28 15:14:14	GME	sell	$39.790	short
2014-03-28 15:19:09	GME	buy	$39.990	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GME&trade=916869&end=20140427&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GME&trade=916869&end=20140328160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

iStryker_BOWS

2014-03-30 21:55:14

You are right to think that, but this stock broke the 9ema, then 20ema and bounced. That means it might do it again

LPeriman_BOWS

2014-03-30 21:59:21

Thanks, iStryker. I see what you were saying. Appreciate the input.

Sayed

2014-03-31 19:32:40

Gme is one of those tricky day trading stocks. As u go through trading, u will learn that there are certain stocks that sucks when it comes to day trading.

GME Trade on Mar 28, 2014 14:19 from LPeriman_BOWS: Tradervue User Stock Trades.

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