NQ Trade on Nov 6, 2013 09:45 from tomr_BOWS: Tradervue User Stock Trades.

Daily: Bounce play and gap-up at open
Intraday: ORB
Entry: $11.14
Stop: $10.80
1st Target: $12.00
Gain: $-136 (-3%)
Thought NQ could make a run after it gapped-up at the open. Entered trade when I thought I had an ORB but stock dropped immediately as I chased the exit. Took a large loss by buying too many shares with too much risk. Not upset that the trade went against me, but I used poor risk management tactics.

Execution detail:

Date/time Symbol Side Price Position

2013-11-06 09:45:14 NQ buy $11.140 long

2013-11-06 09:48:18 NQ sell $10.800 long

2013-11-06 09:48:18 NQ sell $10.800 0

Date/time	Symbol	Side	Price	Position
2013-11-06 09:45:14	NQ	buy	$11.140	long
2013-11-06 09:45:14	NQ	buy	$11.140	long
2013-11-06 09:48:18	NQ	sell	$10.800	long
2013-11-06 09:48:18	NQ	sell	$10.800	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NQ&trade=701827&end=20131206&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NQ&trade=701827&end=20131106121818&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

oly_BOWS

November 06, 2013

gap ups that stay within recent daily action aren't my favorite - the better ones are into new highs

markmandy54_BOWS

November 06, 2013

Super choppy down there on daily so difficult to get a high prob. setup. Intraday looked legit though.

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

NQ Trade on Nov 6, 2013 09:45 from tomr_BOWS: Tradervue User Stock Trades.

Comments

Editor syntax