MBLY Trade on Oct 10, 2014 12:21 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: --------------------------50.16
Shares: -------------------------100
Stop: ---------------------------50.50
T1: -----------------------------49.50
T2: -----------------------------
Reward:Risk Ratio (T1): ---------3
Exit: ---------------------------50.50
Profit/(Loss) Without Commission:--- -33.99

Comments:

  • thought VWAP would act as resistance, which was not true
  • price was below VWAP for hours and bounced off it in the morning
  • thought VWAP would hold, which did not happen
  • pattern / price action is more important than EMAs and VWAP
  • brilliant short set-up later in the day, which I missed
  • stopped practicing around 2PM / 8PM

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

image


Execution detail:

Date/time Symbol Side Price Position
2014-10-10 12:21:39 MBLY sell $50.160 short
2014-10-10 12:34:14 MBLY buy $50.500 0


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