SCTY Trade on Apr 10, 2014 10:45 from Blake_BOWS: Tradervue User Stock Trades.

I shorted this on the break of that flat bottom which was where the stock went Green to Red.

The last cover was unfortunate because it dropped a lot soon after. I got stopped out because I put my stop right above the trendline that I drew down since 11am. It popped over it just for a second. I think that my thinking was good on the stop, but maybe just slightly too tight.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-04-10 10:45:07	SCTY	sell	$57.476	short
2014-04-10 10:45:07	SCTY	sell	$57.599	short
2014-04-10 10:47:46	SCTY	buy	$57.140	short
2014-04-10 10:59:44	SCTY	buy	$56.770	short
2014-04-10 13:07:00	SCTY	buy	$56.870	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SCTY&trade=934221&end=20140510&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SCTY&trade=934221&end=20140410145200&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SCTY&trade=934221&end=20140410160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

ftai_BOWS

2014-04-10 15:49:06

Wow, so close (10 minutes) to the big flush. Still a good trade though.

Nape_BOWS

2014-04-10 17:19:35

If it would have gotten over this level http://screencast.com/t/xWjnbpoglD that is when you should have consider covering as that was a key level of resistance.

SCTY Trade on Apr 10, 2014 10:45 from Blake_BOWS: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax