ISIS Trade on Dec 15, 2014 10:22 from youngcb1_BOWS: Tradervue User Stock Trades.

Gravatar

Shared by:
youngcb1_BOWS

 

A small bear flag occurred and I entered a short position once it broke. My stop was 61.08. It didn't tank right it away as it was still hitting support and consolidating. Once the stock broke support I covered some shares during the stretched candle. Sold 100 shares during the next consolidation on accident but it worked in my favor since the stock continued to drop. The stock hit 59 which was where the next support was and shortly after I covered the rest of my shares.


Execution detail:

Date/time Symbol Side Price Position
2014-12-15 10:22:48 ISIS sell $60.940 short
2014-12-15 10:36:28 ISIS buy $60.140 short
2014-12-15 10:40:07 ISIS sell $59.700 short
2014-12-15 10:43:16 ISIS buy $59.320 0

Comments

Gravatar Nape_BOWS
December 15, 2014

Nice play. Catch the pullback next time.

Gravatar youngcb1_BOWS
December 17, 2014

@Nape_BOWS I'm still trying to work on not focusing on taking profits so early. Its just an adjustment I have to make as I continue to trade. Once I am in profit and see that pullback I automatically think that I'm giving my profits back because it may reverse.

Gravatar Nape_BOWS
December 17, 2014

Remember lower highs and lower lows are what you need to look for when shorting. Higher lows and higher highs when going long.

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in