SLCA Trade on Oct 8, 2014 11:30 from JensW: Tradervue User Stock Trades.

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Shared by
JensW

 

Goal for day: Very tight risk managment, keep losses to max. 50-60 per trade

Setup: --------------------------Intraday Bear Flag
Entry: --------------------------49.17
Shares: -------------------------100
Stop: ---------------------------49.60, stop was not triggered due to prodigio IT issue
T1: -----------------------------48.50
T2: -----------------------------
Reward:Risk Ratio (T1): ---------2
Exit: ---------------------------49.81
Profit/(Loss) Without Commission:--- -64.20, with stop in place should have been 45 loss

Comments:

  • EMAs did not act as resistance, trade did not work
  • Should have looked for whole number 50 as a guide

image


Execution detail:

Date/time Symbol Side Price Position
2014-10-08 11:30:16 SLCA sell $49.168 short
2014-10-08 12:07:09 SLCA buy $49.810 0


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