SPLK Trade on May 1, 2014 10:00 from bodogtrader: Tradervue User Stock Trades.

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bodogtrader

 

First trade I longed a PB to the 9 and scaled out at resistance. Sold the rest at my buy price.

2nd trade: Tried to long a PB to the consolidation area

http://prntscr.com/3f8l1w
Sold at support!


Execution detail:

Date/time Symbol Side Price Position
2014-05-01 10:00:55 SPLK buy $56.000 long
2014-05-01 10:13:28 SPLK sell $56.420 long
2014-05-01 10:13:28 SPLK sell $56.436 long
2014-05-01 10:16:39 SPLK sell $55.940 long
2014-05-01 10:16:39 SPLK sell $55.930 0
2014-05-01 10:58:12 SPLK buy $56.620 long
2014-05-01 10:58:12 SPLK buy $56.590 long
2014-05-01 11:03:22 SPLK sell $55.970 long
2014-05-01 11:03:22 SPLK sell $56.000 0

Comments

Gravatar Nape_BOWS
May 01, 2014

First entry was okay, but that second entry had no setup.

Gravatar Gena_BOWS
May 01, 2014

First trade was okay but not pretty set up, but it worked out. The 2nd entry would have been closer to 56.30 (around 10:30), when the flag started to b/o. You got in after it had tried to break through the hod and couldn't, so it was on it's way down. At that point, you need to wait for the set up, because the risk is higher that it won't have enough juice to push through - without some consolidation or set up. But good exit, when the trade started going bad.

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