REXX Trade on Feb 5, 2015 10:01 from EliBrown: Tradervue User Stock Trades.

Gravatar

Shared by:
EliBrown

 

This stock was looking overextended on the daily and running into the 50 SMA resistance so I was looking for a short early in the day. After reviewing this trade I questioned why I had set my stop-loss so far from my entry point. I obviously did not look at the daily range on this stock. The positive was I re-entered for a short as the stock was loosing strength covering my shares near the LOD taking some small gains. My buying power was tied up in my other trades at the time, but if it hadn't been I should have had a larger position as my risk was managed well with having a stop-loss near the HOD. I ended up trailing my stop to just above the MAs for a no lose trade.


Execution detail:

Date/time Symbol Side Price Position
2015-02-05 10:01:09 REXX sell $4.750 short
2015-02-05 11:39:06 REXX buy $4.950 0
2015-02-05 12:05:31 REXX sell $4.900 short
2015-02-05 12:06:22 REXX sell $4.890 short
2015-02-05 14:02:26 REXX buy $4.800 short
2015-02-05 14:03:56 REXX buy $4.770 short
2015-02-05 14:19:46 REXX buy $4.730 short
2015-02-05 14:44:50 REXX buy $4.720 0

Comments

Gravatar kunal00
February 05, 2015

too extenddd that firstg short already had come down 20 cents into ur short that 4%

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