DDD Trade on Apr 29, 2014 13:01 from jmos_BOWS: Tradervue User Stock Trades.

Play: Flat bottom

It was tapping the LOD, MA's over it, took it as 44 seemed to be key. Got out a bit fast. I was a bit worried of a bounce coming as it was already down quite a bit and this is still a choppy market. However, 2nd target was 43.6 and sold before. No real reason to have sold. Once again, patience, patience and patience!

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-04-29 13:01:45	DDD	sell	$44.010	short
2014-04-29 13:02:20	DDD	buy	$43.830	short
2014-04-29 13:06:07	DDD	buy	$43.700	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=DDD&trade=968909&end=20140529&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=DDD&trade=968909&end=20140429160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=DDD&trade=968909&end=20140429133407&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Narrow_Gate

2014-04-29 15:30:03

Nothing wrong with taking profits, and in this market stocks are swinging pretty quickly... nice job!

jmos_BOWS

2014-04-29 16:08:58

Thanks! and I agree, I personally prefer to take quick profits in this market but it is still a 45$ stock so IMO, 30cents is the minimum for a stock that can move that much. And there was no reason to sell at 43.70 when my 2nd target and more was reached. It is just a lack of discipline and following my plan for this trade.

Markmandy54

2014-05-01 22:55:02

Great entry.

oly_BOWS

2014-05-07 07:06:08

terrific chart and well played

DDD Trade on Apr 29, 2014 13:01 from jmos_BOWS: Tradervue User Stock Trades.

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