TWTR Trade on May 6, 2014 10:08 from Blake_BOWS: Tradervue User Stock Trades.

I shorted this at the ORB.

I'm a little mad at myself because I had my stop on the other side of the flat top that it hit 3 times, but I lost confidence in the trade and lowered my stop so I'd lose a little less. I think my idea was right, but I didn't execute it properly. That's probably the most frustrating thing about trading.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-05-06 10:08:31	TWTR	sell	$34.750	short
2014-05-06 10:25:53	TWTR	buy	$35.150	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=TWTR&trade=980061&end=20140605&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=TWTR&trade=980061&end=20140506125053&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=TWTR&trade=980061&end=20140506160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-05-06 15:25:07

$35.25/.30 is where key resistance was at as it sold of everytime it got close to that level.

statuko_GRQ

2014-05-06 18:35:45

I am still very much in the early learning process myself.
When I loose confidence. I have a rule and I exit right away. If I look a the chart and it stills bring me no confidence. I don't wait. I just exit. Keep my looser small. Even if it reverse after. I study the chart and try to figure things out. But since I should only take position if I am fully confident of the move. I cut it quick.

TWTR Trade on May 6, 2014 10:08 from Blake_BOWS: Tradervue User Stock Trades.

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