PTBI Trade on May 12, 2015 09:48 from ToqueX: Tradervue User Stock Trades.

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ToqueX

Grade=F

The setup: pullback

The result: I got in early. Things were still too choppy and I got chopped.

The lesson: Wait it out until the setup becomes more mature and less choppy. Accept that this may not happen and move on. No trade beats a losing trade.

Execution detail:

Date/time Symbol Side Price Position

2015-05-12 09:48:19 PTBI buy $8.980 long

2015-05-12 09:48:29 PTBI buy $8.980 long

2015-05-12 09:49:33 PTBI sell $8.850 0

Date/time	Symbol	Side	Price	Position
2015-05-12 09:48:19	PTBI	buy	$8.980	long
2015-05-12 09:48:29	PTBI	buy	$8.980	long
2015-05-12 09:49:33	PTBI	sell	$8.850	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=PTBI&trade=2501577&end=20150611&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=PTBI&trade=2501577&end=20150512160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=PTBI&trade=2501577&end=20150512121933&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=PTBI&trade=2501577&end=20150512101933&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

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PTBI Trade on May 12, 2015 09:48 from ToqueX: Tradervue User Stock Trades.

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