SCTY Trade on Mar 19, 2014 10:36 from Spartan_Trader: Tradervue User Stock Trades.

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Spartan_Trader

 

Made a profit with this trade, but everything was wrong about it. I didn't enter at the ideal point. I could have entered when the first bounce failed, or when it broke the bear flag, which was after the second bounce (lower high) failed. Instead I entered in the middle, where there wasn't a clear place to determine a stop, which lead me to not place a stop on this trade, which is a grotesque violation of trading responsibly. Made a profit, but in my books this trade was a big loser as I could have easily reached my max pain for the day.

image


Execution detail:

Date/time Symbol Side Price Position
2014-03-19 10:36:57 SCTY sell $75.130 short
2014-03-19 10:36:57 SCTY sell $75.110 short
2014-03-19 10:36:57 SCTY sell $75.110 short
2014-03-19 10:39:29 SCTY buy $75.000 short
2014-03-19 10:39:29 SCTY buy $75.000 short
2014-03-19 10:39:29 SCTY buy $75.000 0

Comments

Gravatar Nape_BOWS
March 19, 2014

You shorted right on the vwap. Once it bounce it tested the vwap again and broke below it, that was your opportunity to hammer it.

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