MEI Trade on Sep 5, 2014 10:00 from youngcb1_BOWS: Tradervue User Stock Trades.

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youngcb1_BOWS

 

Reoccurring theme of my mistakes is buying at a spike when a flag is getting ready to develop. I missed the first entry, which was a sloppy pullback, and I entered after it rested at the $39.50 range and spiked up. But after my entry the and then the flag, it never broke for new highs. It consolidated and was actually forming a longer flag during the day which ended up breaking out.


Execution detail:

Date/time Symbol Side Price Position
2014-09-05 10:00:16 MEI buy $39.620 long
2014-09-05 10:07:15 MEI sell $39.550 0


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