VRX Trade on Mar 21, 2016 10:20 from slappyMarsden_BOWS: Tradervue User Stock Trades.

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slappyMarsden_BOWS

 

Bought the flag break when it started to coil on the one minute chart.

TC2000 Paper Trade.


Execution detail:

Date/time Symbol Side Price Position
2016-03-21 10:20:00 VRX buy $30.600 long
2016-03-21 10:25:00 VRX sell $31.140 long
2016-03-21 10:26:00 VRX sell $31.430 0

Comments

Gravatar cwooten1985
March 21, 2016

Nice trade!

Did you watch it at the open? The pullback from the ORB was the best r/r all day. As it starting holding 27 that was the best place to get long and scale out from there.

Gravatar slappyMarsden_BOWS
March 21, 2016

cwooten1985,

I don't have much experience trading the open, and no I wasn't watching it that early...I'm content to wait for a pattern to form. Just trying to learn as much as I can day to day. I need to paper trade more often.

Thanks for the comment.

Gravatar cwooten1985
March 21, 2016

Hey no problem my man. The open is where the action is that's why I said that. You still had a great trade and having patience is very important so kudos. Just wanted to point that out :)

Gravatar slappyMarsden_BOWS
March 21, 2016

My first sell was actually a mistake. I meant to sell the entire position (first day on TC2000 paper trading account) when I noticed I still had a position remaining I quickly sold it and was just lucky that the stock continued upwards for a HOD break. :)

Thanks for commenting I can use all the help I can get.

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