Shared by
Blake_BOWS
After this stock came back up and kept hitting that 150 area, I bought it as it broke it. I sold a piece, then added more as it broke the next area that it kept tapping. I tried it one more time, but I should have realized it had a much smaller chance of working on that one. I had made so much on the trade that I was willing to risk a little extra to see if it had more room.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-04-24 10:31:36 | ILMN | buy | $149.980 | long |
| 2014-04-24 10:42:29 | ILMN | sell | $150.590 | long |
| 2014-04-24 10:54:23 | ILMN | buy | $151.110 | long |
| 2014-04-24 10:56:38 | ILMN | sell | $151.790 | long |
| 2014-04-24 11:07:28 | ILMN | sell | $153.000 | long |
| 2014-04-24 11:07:28 | ILMN | sell | $153.000 | long |
| 2014-04-24 11:13:57 | ILMN | sell | $154.360 | long |
| 2014-04-24 11:31:00 | ILMN | buy | $153.870 | long |
| 2014-04-24 11:36:38 | ILMN | sell | $152.450 | long |
| 2014-04-24 11:44:59 | ILMN | sell | $152.060 | long |
| 2014-04-24 11:45:09 | ILMN | sell | $152.100 | 0 |
Comments
KeithL_BOWS
Great trade..... up until that final add.....LOL... I probably would have done the same thing. Sometimes i hate to be up on a trade, because i do the same thing, i loosen my stop and increase my pain before i bail. I am trying to STOP this crazy crazy mindset. If you add to a position, treat that add like a brand new trade. Same stop, same max loss. Dont give back what you have already earned. (I am saying this for my own good..as well... speak it...and DO it)
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
Yeah on that last entry it was to extended running into resistance.