ISIS Trade on Dec 10, 2014 10:15 from youngcb1_BOWS: Tradervue User Stock Trades.

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youngcb1_BOWS

 

Flat top setup. I entered within the flag and got shaken out once it went way passed my mental stop. I tried to be patient and hold longer but it dropped down too much. Since the stock was still holding its range I re-entered once it popped back up. I scaled during the first spike. From there the stock hit a resistance a little higher and I allowed the stock to come back down without taking the rest of my profit. As the stock was nearing my entry position I exited my shares. The stock started to consolidate within a range and eventually broke out.


Execution detail:

Date/time Symbol Side Price Position
2014-12-10 10:15:19 ISIS buy $59.750 long
2014-12-10 10:30:19 ISIS sell $59.470 0
2014-12-10 10:40:25 ISIS buy $59.830 long
2014-12-10 10:54:56 ISIS sell $60.120 long
2014-12-10 11:20:28 ISIS sell $60.020 0

Comments

Gravatar Nape_BOWS
December 11, 2014

What i see here is that when every dip got bought, the stock made a higher high, so ideally you want to buy the dips and let it ride..http://screencast.com/t/9lrP8bjRHZ0A

Gravatar youngcb1_BOWS
December 12, 2014

Nape_BOWS once I entered this trade I let the pullbacks control my emotions as oppose to looking at the support areas you pointed out. Thanx for the screenshot. Very helpful for my learning process.

Gravatar Nape_BOWS
December 12, 2014

No problem.

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