NFLX Trade on Jan 22, 2016 09:39 from WesleyR_BOWS: Tradervue User Stock Trades.

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WesleyR_BOWS

 

SIM DAY #13

Shares traded: 8000
Closed P&L: $671.00

TERRIBLE TRADE! I had the right thought, the correct plan, and a solid entry. Just did not trust it like an idiot. On a 1 minute candle chart,I shorted the stock near the open after it had tested a support level a couple of times. The price finally broke that level and I jumped in for the short. Took some solid profits after a near 50 cent plunge. The price began to jump back up near my buy price a couple times and simply scared me out of the trade. I had no reason to bail as it did not break my stop point. If I would have let it play out, would have been a great trade. After frustration of mishandling the trade, I forced myself back in to gain some profits. Waited for another consolidation/sideways movement on the 1 minute candle and shorted the stock again as it broke support. Took profits quickly as I knew the stock was already extended and price began to bounce.


Execution detail:

Date/time Symbol Side Price Position
2016-01-22 09:39:03 NFLX sell $103.130 short
2016-01-22 09:40:56 NFLX buy $102.700 short
2016-01-22 09:42:58 NFLX buy $103.040 0
2016-01-22 09:43:09 NFLX sell $102.860 short
2016-01-22 09:44:02 NFLX buy $102.860 short
2016-01-22 09:44:11 NFLX buy $103.070 0
2016-01-22 09:51:57 NFLX sell $100.940 short
2016-01-22 09:54:39 NFLX buy $100.590 short
2016-01-22 09:54:48 NFLX buy $100.380 short
2016-01-22 09:55:22 NFLX buy $100.680 short
2016-01-22 09:55:40 NFLX buy $100.860 0

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