MU Trade on Dec 12, 2013 11:37 from Mike: Tradervue User Stock Trades.

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Mike

 

Idea was to get short on the lower high pops back towards 22.70. Entered here as it looked like that's all it had. Covered fast when didn't drop. The mistake I made here was not to cover at 22.60 to protect myself when it held based off tape, the mistake was when it hit 22.70 & I hesitated to get back in or even to get back in at 22.60. I like to keep tight on trades & just keep re trying if needed at key levels based off tape. failed to do so here though. The lack of resilience & not re entering cost me a solid scalp trade back towards g/r at 22.50. Although it held up, if this really would have tanked it would have been a horrible missed entry.


Execution detail:

Date/time Symbol Side Price Position
2013-12-12 11:37:14 MU sell $22.620 short
2013-12-12 11:37:15 MU sell $22.620 short
2013-12-12 11:38:46 MU buy $22.600 short
2013-12-12 11:38:46 MU buy $22.600 0


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