DRL Trade on May 12, 2014 14:16 from jschrager23_BOWS: Tradervue User Stock Trades.

profitable trade yet my dumbest trade of the day. Bought at a nice breakout spot did not hold bc thought next candle would go red. Needed to look at the overall picture.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-05-12 14:16:42	DRL	buy	$3.740	long
2014-05-12 14:16:42	DRL	buy	$3.740	long
2014-05-12 14:16:43	DRL	buy	$3.740	long
2014-05-12 14:16:43	DRL	buy	$3.740	long
2014-05-12 14:16:43	DRL	buy	$3.740	long
2014-05-12 14:16:43	DRL	buy	$3.740	long
2014-05-12 14:16:44	DRL	buy	$3.750	long
2014-05-12 14:23:07	DRL	sell	$3.790	long
2014-05-12 14:23:07	DRL	sell	$3.800	long
2014-05-12 14:23:07	DRL	sell	$3.800	long
2014-05-12 14:23:07	DRL	sell	$3.790	long
2014-07-03 10:08:27	DRL	sell	$8.625	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=DRL&trade=989304&end=20140703&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=DRL&trade=989304&end=20140703100827&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

EL_BOWS

2014-05-12 18:20:09

You had it. It's a killer entry: caught the flag just as it broke in anticipation of a breakout over 3.80... and then you sold at 3.80. Just remember: reason to sell.

jschrager23_BOWS

2014-05-12 18:51:26

I need to get back to the basics of reasons to sell. I agree. My stop should have been set lower too

DRL Trade on May 12, 2014 14:16 from jschrager23_BOWS: Tradervue User Stock Trades.

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