WDAY Trade on Apr 9, 2014 14:38 from jmos_BOWS: Tradervue User Stock Trades.

Play: Flag

This one was acting in sync with the market but there were better plays out there. It looked as if it was going to break especially since the market held and was breaking out as well.Got stopped out as it flushed before popping back up. I should be staying away from these types of stocks as I never really traded high priced stocks on the sim.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-04-09 14:38:26	WDAY	buy	$82.750	long
2014-04-09 14:42:03	WDAY	sell	$82.400	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=WDAY&trade=936559&end=20140509&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=WDAY&trade=936559&end=20140409160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=WDAY&trade=936559&end=20140409151103&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

LPeriman_BOWS

2014-04-13 11:47:18

It was a good try, in my opinion. Just have to be careful to allow consolidation after such large moves. Personally, I have had really bad luck with stocks that follow the market too close. For me, it works out better when they run under their own "juice".

jmos_BOWS

2014-04-13 12:13:09

I never really traded these types either but with the lack of good gapper plays, i've been trying those. I find that the stocks that follow the market work really well (in sync) on the first pop or flush. After that initial move, it is harder to time the entry IMO.

WDAY Trade on Apr 9, 2014 14:38 from jmos_BOWS: Tradervue User Stock Trades.

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