ADSK Trade on Aug 15, 2014 09:42 from swinging_long: Tradervue User Stock Trades.

Tried to scalp a bounce play. I made multiple mistakes on this trade:

1. Too much size considering the range of this ticker
2. Failed to sell my position when the stock went against me (I was in the middle of setting my bracket order). I panicked and hope for a recovery. As soon as my plan is broken/mental stop is triggered, I need to sell out as my theory has been invalidated
3. Bounce plays/Parabolic shorts are not one of my current go-to setups. I know that there are profits to be made from these types of setups as I see people play them, but this is not my focus right now and should not be playing them. I need to focus on what I know and am comfortable with which is bull and bear flags.