HAWK Trade on Oct 9, 2014 10:27 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 Breakdown
Entry: --------------------------34.70
Shares: -------------------------500
Stop: ---------------------------34.80
T1: -----------------------------34.50
T2: -----------------------------
Reward:Risk Ratio (T1): ---------2
Exit: ---------------------------34.80
Profit/(Loss) Without Commission:--- -25.37

Comments:

  • traded scared with this one
  • covered a portion at 34.57
  • the rest ran up to 34.80, where my stop was, I covered there, even though my max. risk of USD 50 was not reached
  • stock sold off sharply after this

  • difficult call what to do better

  • with 400 shares, my stock would have been 34.85 and not 34.80

  • being disciplined mean covering

  • however, huge opportunity cost, stock went to 33.60s later in day

  • down day in SP of -1.8%, which helped short biased people

  • (issues with prodigio all day, numbers might be a little off)

image


Execution detail:

Date/time Symbol Side Price Position
2014-10-09 10:27:26 HAWK sell $34.700 short
2014-10-09 10:27:38 HAWK sell $34.700 short
2014-10-09 10:27:38 HAWK sell $34.700 short
2014-10-09 10:27:38 HAWK sell $34.700 short
2014-10-09 11:04:04 HAWK buy $34.570 short
2014-10-09 11:35:44 HAWK buy $34.795 short
2014-10-09 11:35:44 HAWK buy $34.792 short
2014-10-09 11:35:44 HAWK buy $34.795 short
2014-10-09 11:35:44 HAWK buy $34.801 0


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