BKS Trade on Dec 4, 2015 10:02 from GaTech_Trader: Tradervue User Stock Trades.

Gravatar

Shared by:
GaTech_Trader

 

I had $BKS on watch due to the clean gap down it made premarket. I originally entered this stock when it broke back below the VWAP, but I entered way too low and did not get max profit off this first trade. This stock gapped down approximately 15% and I made a mistake and did not zoom in to just todays data at first to get a clearer picture of today's price action. When the the price pattern broke back over my trendline I exited.

After $BKS pulled back, fell below its VWAP again and curled down I re entered. I figured this stock would not break LOD being a 2 taper so I exited when it showed strength as it approached LOD.

I tried to play the remount below the VWAP the third time, but got stopped out.

I played it a fourth time, hoping that the third tap on LOD would break, but it failed.


Execution detail:

Date/time Symbol Side Price Position
2015-12-04 10:02:00 BKS sell $9.610 short
2015-12-04 10:20:00 BKS buy $9.400 0
2015-12-04 11:07:00 BKS sell $9.640 short
2015-12-04 11:26:00 BKS buy $9.480 0
2015-12-04 12:16:00 BKS sell $9.648 short
2015-12-04 12:25:00 BKS buy $9.710 0
2015-12-04 13:13:00 BKS sell $9.667 short
2015-12-04 13:48:00 BKS buy $9.500 short
2015-12-04 14:07:00 BKS buy $9.650 0


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