TRLA Trade on Dec 20, 2013 13:28 from johnc_BOWS: Tradervue User Stock Trades.

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johnc_BOWS

 

Ran into resistance at 35.00 on the daily. It plunged, did a low volume bounce and seemed to fail. I shorted it when it broke the 9ema again. I took profits too quickly because an earlier loss made me loss-averse, and I also felt a need to protect my profits for the week (which harmed my trading). As a result, I exited too early and missed the move.

My original stop was just above that candlewick that failed the 20ema.

Type 3 trade because I gave up a great trade but ended at break even.


Execution detail:

Date/time Symbol Side Price Position
2013-12-20 13:28:49 TRLA sell $33.890 short
2013-12-20 13:28:49 TRLA sell $33.890 short
2013-12-20 13:28:50 TRLA sell $33.890 short
2013-12-20 13:28:50 TRLA sell $33.890 short
2013-12-20 13:49:33 TRLA buy $33.790 short
2013-12-20 13:49:34 TRLA buy $33.790 short
2013-12-20 14:02:52 TRLA buy $33.930 short
2013-12-20 14:02:52 TRLA buy $33.930 0

Comments

Gravatar markmandy54_BOWS
December 29, 2013

Nice short thought at retest of resistance on daily, like your entry, as long as stayed under that 34 no reason to cover.

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