SM Trade on Feb 5, 2015 10:04 from EliBrown: Tradervue User Stock Trades.

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EliBrown

 

This stock was also getting very overextended. I took a short early in the morning at $50.08 getting stopped out at $50.58 on a pop up to $50.85. I took another short as I figured it was unlikely this stock would continue upward. Stock ended up flushing below the MAs and VWAP where I covered half my shares. In hindsight, I should have loaded the boat while this stock consolidated with the VWAP above acting as resistance. I covered more shares at $49.43 as the stock flushed. I re-entered with a short position on the dead cat bounce and covered again as it dipped below the LOD. I pushed these shorts a little to far and legged in on the bear flag. I ended up covering up the last of the shorts for a small loss just before the market close.


Execution detail:

Date/time Symbol Side Price Position
2015-02-05 10:04:52 SM sell $50.080 short
2015-02-05 10:47:58 SM buy $50.580 0
2015-02-05 10:51:39 SM sell $50.710 short
2015-02-05 13:02:15 SM buy $49.430 short
2015-02-05 13:06:10 SM buy $49.210 0
2015-02-05 13:19:14 SM sell $48.860 short
2015-02-05 13:30:50 SM sell $49.240 short
2015-02-05 14:01:18 SM buy $48.420 short
2015-02-05 14:03:29 SM buy $48.230 short
2015-02-05 14:25:37 SM sell $48.250 short
2015-02-05 14:40:57 SM sell $48.520 short
2015-02-05 14:45:40 SM buy $48.100 short
2015-02-05 14:50:28 SM sell $48.560 short
2015-02-05 15:59:48 SM buy $48.630 0


Comments

Gravatar kunal00
February 05, 2015

this is all over the place man.. yea i guess u got luckly a couple times but this is not trading! first short too early some of the last shorts are tough the gap alrady filled.

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