VRX Trade on Nov 27, 2015 12:09 from swinging_long: Tradervue User Stock Trades.

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swinging_long

 

Not sure why I moved my stop to even. I believe it was because I was down on the day and didn't want to turn a winner in to a loser. This stock only went as high as $87.14 before going all the way down to $86.50.

When entering a trade, I need to trust my experience and let the trade show me whether I was right or wrong. In this case, the trade had moved in my favor by about 2R and I failed to take 1/2 off as stated in my rules. As a result, when the trade came back, I wanted to protect myself from feeling the pain of failing to take some off and turning a winner into a loser by taking it off at even. As a result, I missed out on about 4R.


Execution detail:

Date/time Symbol Side Price Position
2015-11-27 12:09:00 VRX sell $87.080 short
2015-11-27 12:29:54 VRX buy $87.073 0


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