BIDU Trade on Apr 10, 2014 09:38 from Markmandy54: Tradervue User Stock Trades.

Daily Bear flag to R and falling MAs.

Entry 1 was green to red. Stop -.80, Target +2, +4. Totally missmanaged and paid dearly. Positive is when bounced back up to intra R shorted the rollover.
Entry 2 was dead cat bounce. Stop -.70, Target +1, +2 and YET AGAIN COVERED EARLY AND ABANDONED PLAN.
LESSON: I still suffer from letting fear of winner turn loser dictate my trading, I will need to master this in order to progress. I review this lesson nightly, i have sticky's, yet i still falter. This ends today.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-04-10 09:38:21	BIDU	sell	$158.528	short
2014-04-10 09:40:19	BIDU	buy	$157.980	0
2014-04-10 10:37:20	BIDU	sell	$155.550	short
2014-04-10 10:41:01	BIDU	buy	$154.800	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BIDU&trade=935251&end=20140410112101&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BIDU&trade=935251&end=20140410125101&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=BIDU&trade=935251&end=20140410160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=BIDU&trade=935251&end=20140510&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

jmos_BOWS

2014-04-11 08:46:54

Nice entry!

BIDU Trade on Apr 10, 2014 09:38 from Markmandy54: Tradervue User Stock Trades.

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