VRX Trade on Mar 15, 2016 09:43 from dynamiteweng: Tradervue User Stock Trades.

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dynamiteweng

 

Pullback bear on 2min shorted and stop at the trend line. scaled out and all out at $46 Thought it was too extended. It had a $7 move already. Looked back at this and I was like holy crap! Biggest move I've ever seen!


Execution detail:

Date/time Symbol Side Price Position
2016-03-15 09:43:54 VRX sell $49.627 short
2016-03-15 09:43:54 VRX sell $49.626 short
2016-03-15 09:43:54 VRX sell $49.630 short
2016-03-15 09:48:33 VRX buy $48.831 short
2016-03-15 09:48:33 VRX buy $48.830 short
2016-03-15 09:49:53 VRX buy $48.000 short
2016-03-15 09:50:57 VRX buy $46.800 short
2016-03-15 09:52:39 VRX buy $46.000 0


Comments

March 17, 2016

Yeah, it can be tough. On one-hand I can hear the voice in my head saying, "use common sense! Stocks already down more than 30%". But on the other I say, "Must have reason to exit". One of my reasons IS because stock is extended, but for my last shares (lottos, or whatever) I require a trend reversal of some form. Even if you had a rule such as, "exit last shares when nearest EMA is broken for the first time", then you'd have gotten another 9 bucks. Always a tough call.

Great trade.

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