YRCW Trade on Jan 2, 2014 10:07 from MikeLahris1: Tradervue User Stock Trades.

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Shared by:
MikeLahris1

 

+$1682.96 Range breakout. Should've bought more shares as was low risk. Scaled out on way up.


Execution detail:

Date/time Symbol Side Price Position
2014-01-02 10:07:05 YRCW buy $17.690 long
2014-01-02 10:07:05 YRCW buy $17.690 long
2014-01-02 10:07:05 YRCW buy $17.689 long
2014-01-02 10:23:09 YRCW sell $18.930 long
2014-01-02 10:23:09 YRCW sell $18.930 long
2014-01-02 10:23:09 YRCW sell $18.930 long
2014-01-02 10:23:09 YRCW sell $18.930 long
2014-01-02 10:23:09 YRCW sell $18.930 long
2014-01-02 10:27:21 YRCW sell $19.250 long
2014-01-02 10:27:21 YRCW sell $19.180 long
2014-01-02 10:27:21 YRCW sell $19.180 long
2014-01-02 10:48:27 YRCW sell $20.080 long
2014-01-02 11:07:21 YRCW sell $20.490 long
2014-01-02 11:09:47 YRCW sell $21.010 long
2014-01-02 11:09:49 YRCW sell $21.099 long
2014-01-02 11:10:47 YRCW sell $20.851 0

Comments

Gravatar AleksB_BOWS
January 02, 2014

Monster!

Gravatar Rashod81_BOWS
January 02, 2014

That is a great entry! And you closed your position at the absolute top. How did you know?

Gravatar MikeLahris1
January 02, 2014

I didn't…. I just thought the stock was extended and that's why I was scaling out. I only had 1k shares and was running out of shares to sell. haha
Figured if stock was that strong it would give me another entry later.

Gravatar Nape_BOWS
January 02, 2014

Excellent!!

Gravatar kunal00
January 03, 2014

TRADE OF THE DAY.

Gravatar markmandy54_BOWS
January 03, 2014

Nailed it!

Gravatar David_BOWS
January 03, 2014

Wow great job!

Gravatar SS_BOWS
January 03, 2014

Awesome Trade, Great Thinking on scaling out.

Gravatar mick9800_BOWS
January 03, 2014

Great trade Mike. Just wondering why you think the risk was low and that you should have bought more shares. The reason I ask is that the volume had not come in yet where you bought it and a real tight stop would have been at least 1.3% from your buy price.

Gravatar MikeLahris1
January 03, 2014

Hey Mick. Yeah on my first buy I bought 1k shares with right around 30 cent risk. With the volume that came in off that first candle up, I should have put another half position on and raised the stop. Easy to say that after the fact

Gravatar JoJoTrades
January 03, 2014

O_________O;

Gravatar kunal00
January 06, 2014

hey mick. 1.3% . for me at least i would have been in 3x my max risk per trade if i had one of my goto setups and my risk was just 1% in terms of stop loss.

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