LGND Trade on Oct 10, 2014 11:54 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: --------------------------44.622
Shares: -------------------------200
Stop: ---------------------------44.80
T1: -----------------------------44.4
T2: -----------------------------
Reward:Risk Ratio (T1): ---------1.2
Exit: ---------------------------44.77
Profit/(Loss) Without Commission:--- -29.60

Comments:

  • basically took the same trade idea three times and was wrong three times
  • MBLY LGND and AVGO - all sitting below VWAP, I shorted and expected price to bounce off VWAP, which did not happen
  • would have been enough to be wrong once, not three times
  • understanding similarity of set-ups and need to diversify set-ups during the day
  • also price action very choppy and not "clean"

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

image


Execution detail:

Date/time Symbol Side Price Position
2014-10-10 11:54:25 LGND sell $44.622 short
2014-10-10 11:59:25 LGND sell $44.622 short
2014-10-10 12:14:44 LGND buy $44.770 short
2014-10-10 12:15:48 LGND buy $44.770 0


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