QTWW Trade on Oct 30, 2013 09:44 from Gimani: Tradervue User Stock Trades.

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Shared by:
Gimani

 

Made two major mistakes, I bought anticipating a bounce instead of waiting for the green candle. Second big big mistake was to average down to minimize my loss. Not happy with myself for breaking that those rules esp the latter.


Execution detail:

Date/time Symbol Side Price Position
2013-10-30 09:44:05 QTWW buy $6.920 long
2013-10-30 09:44:05 QTWW buy $6.920 long
2013-10-30 09:44:05 QTWW buy $6.910 long
2013-10-30 09:44:05 QTWW buy $6.910 long
2013-10-30 09:44:05 QTWW buy $6.900 long
2013-10-30 09:44:54 QTWW buy $6.740 long
2013-10-30 09:44:54 QTWW buy $6.740 long
2013-10-30 09:44:54 QTWW buy $6.740 long
2013-10-30 09:45:26 QTWW sell $6.770 long
2013-10-30 09:45:26 QTWW sell $6.770 long
2013-10-30 09:45:26 QTWW sell $6.770 long
2013-10-30 09:45:26 QTWW sell $6.770 long
2013-10-30 09:45:27 QTWW sell $6.800 long
2013-10-30 09:45:30 QTWW sell $6.785 long
2013-10-30 09:45:31 QTWW sell $6.800 long
2013-10-30 09:45:33 QTWW sell $6.800 long
2013-10-30 09:45:35 QTWW sell $6.800 long
2013-10-30 09:45:39 QTWW sell $6.750 0

Comments

Gravatar Nape_BOWS
October 30, 2013

Patience is crucial when trading.. give it time to setup a pattern then hit it hard.

Gravatar Gimani
October 30, 2013

Thanks, Nape.Quick question, From my parabolic shorts you have been reviewing what would you say is the three things I should look for in terms of pattern, just in case I am missing something crucial. Sometimes, the open morning wash don't give you time to see a pattern..Thoughts?

Gravatar Nape_BOWS
October 30, 2013

As far as a setup goes.. You could play the the opening range breakdown.. Just the opposite of a opening range breakout. You could also look for the pullback, and if it fails to get back over the hod that's a sign of weakness (a more safer play and better confirmation).Notice how when $QTWW 1st pullback fail to get back to the hod and started a mini bear flag it drop like it was hot!!

Gravatar Gimani
October 30, 2013

Yes, I noticed that, I will try to have more patience with my trades and wait for those pullbacks. . Thanks for your input and always reviewing my trades.

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