CPHD Trade on Oct 14, 2015 10:04 from chanel: Tradervue User Stock Trades.

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Shared by:
chanel

 

Price rejected VWAP and formed a flag under it. I got shaken out of the first trade for a small loss but re-entered when I saw price didn't hold $33.

I'm find that making sure price is inline with VWAP/EMAs with a line in the sand creates good trading opportunities.

Adjustments:
- Use short stops
- Use actual stops not mental stops

Psychology:
I used a mental checklist before entering the trade. I asked myself if it was really a setup or not. Mentally I was prepared, I scanned the night before, drank lots of water, and exercised.


Execution detail:

Date/time Symbol Side Price Position
2015-10-14 10:04:05 CPHD sell $33.000 short
2015-10-14 10:08:16 CPHD buy $32.890 short
2015-10-14 10:11:32 CPHD buy $33.230 0
2015-10-14 10:12:11 CPHD sell $32.940 short
2015-10-14 10:13:56 CPHD buy $32.690 short
2015-10-14 10:16:42 CPHD buy $32.550 short
2015-10-14 10:18:07 CPHD buy $32.050 0


Comments

Gravatar Sayed
October 15, 2015

Yea, that first sell was bit shake lout. Let the setup play out. Win or loss.

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