MTDR Trade on Apr 15, 2015 10:31 from swinging_long: Tradervue User Stock Trades.

Tried to short the large green candle thinking that these were emotional covers. Immediately after going short, I realized that the volume was extremely low on this stock. I need to be cognizant of volume when taking a position in a stock.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-04-15 10:31:26	MTDR	sell	$29.360	short
2015-04-15 10:38:22	MTDR	buy	$29.648	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MTDR&trade=2413653&end=20150515&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MTDR&trade=2413653&end=20150415160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MTDR&trade=2413653&end=20150415160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=MTDR&trade=2413653&end=20150415130822&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Sayed

2015-04-16 13:49:07

Messy chart.To me it does not look like day trading type stock.

t_jordan22

2015-04-16 16:39:14

why did you choose to short it at that spot.. I am curious..?? just thought it was way up on that candle and had to come back down?

StevenBurt_BOWS

2015-04-16 18:04:25

again shorting a stock when the 5min is above the ma's. Go back to the video's on bear flags and see if your charts look like the examples.

MTDR Trade on Apr 15, 2015 10:31 from swinging_long: Tradervue User Stock Trades.

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