RMTI Trade on Sep 16, 2013 14:28 from bjstrade9_BOWS: Tradervue User Stock Trades.

I thought this was a breakout, should have seen the weakness with all the red volume. Rolled over and I should have shorted it on the bear flag.

Execution detail:

Date/time Symbol Side Price Position

2013-09-16 14:28:41 RMTI buy $11.315 long

2013-09-16 14:28:41 RMTI buy $11.300 long

2013-09-16 14:28:43 RMTI buy $11.302 long

2013-09-16 14:28:51 RMTI buy $11.285 long

2013-09-16 14:38:24 RMTI sell $11.100 long

2013-09-16 14:38:24 RMTI sell $11.090 long

2013-09-16 14:38:24 RMTI sell $11.080 long

2013-09-16 14:38:24 RMTI sell $11.090 0

Date/time	Symbol	Side	Price	Position
2013-09-16 14:28:41	RMTI	buy	$11.315	long
2013-09-16 14:28:41	RMTI	buy	$11.300	long
2013-09-16 14:28:41	RMTI	buy	$11.300	long
2013-09-16 14:28:41	RMTI	buy	$11.300	long
2013-09-16 14:28:41	RMTI	buy	$11.300	long
2013-09-16 14:28:43	RMTI	buy	$11.302	long
2013-09-16 14:28:51	RMTI	buy	$11.285	long
2013-09-16 14:38:24	RMTI	sell	$11.100	long
2013-09-16 14:38:24	RMTI	sell	$11.100	long
2013-09-16 14:38:24	RMTI	sell	$11.100	long
2013-09-16 14:38:24	RMTI	sell	$11.100	long
2013-09-16 14:38:24	RMTI	sell	$11.090	long
2013-09-16 14:38:24	RMTI	sell	$11.090	long
2013-09-16 14:38:24	RMTI	sell	$11.080	long
2013-09-16 14:38:24	RMTI	sell	$11.090	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=RMTI&trade=595706&end=20131016&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=RMTI&trade=595706&end=20130916160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=RMTI&trade=595706&end=20130916160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=RMTI&trade=595706&end=20130916160000&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

markmandy54_BOWS

September 16, 2013

Looked like a short to me as the 20MA was rolling over.

cmini1011

September 16, 2013

the 9ma crossed below the 20ma and there was no volume picking up. The daily was overextended w/ oversold levels on stochastics and the market was down on the day which didn't help. This was a good short for the day.

johnc_BOWS

September 16, 2013

There was a good amount of selling before your entry, and it doesn't look like the dips were getting bought. Pretty low volume too, which sometimes doesn't matter IF the pattern is very clean (which it wasn't here).

Also, unfortunately the SPX was dropping when you came in. Kunal told me that when the market is weird like it has been lately, it's even more important to pick the A+ setups.

Nape_BOWS

September 17, 2013

easy money was over with... the bull flag break around 11:10am was the play

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RMTI Trade on Sep 16, 2013 14:28 from bjstrade9_BOWS: Tradervue User Stock Trades.

Comments

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