ESI Trade on Oct 17, 2014 10:45 from JensW: Tradervue User Stock Trades.

Shared by
JensW

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

Setup: --------------------------Shorting daily runner
Entry: --------------------------9.81
Shares: -------------------------500
Stop: ---------------------------9.91
T1: -----------------------------9.61
T2: -----------------------------
Reward:Risk Ratio (T1): ---------2
Exit: ---------------------------9.36
Profit/(Loss) Without Commission:--- 225.00

Comments:

Was risky trade
Size probably too big
Probably should have stopped out at 10 for 100 loss, which is 2 times R
Was a gamble trade
However, always knew that stock can drop rapidly
Got a little lucky
Fairly happy that I scaled out o.k.
Last piece covered too late

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-10-17 10:45:06	ESI	sell	$9.810	short
2014-10-17 10:45:11	ESI	sell	$9.810	short
2014-10-17 10:45:15	ESI	sell	$9.810	short
2014-10-17 10:45:15	ESI	sell	$9.810	short
2014-10-17 11:01:14	ESI	buy	$9.530	short
2014-10-17 11:05:29	ESI	buy	$9.180	short
2014-10-17 11:06:22	ESI	buy	$8.990	short
2014-10-17 11:08:50	ESI	buy	$9.570	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ESI&trade=1476762&end=20141017113050&i=m1&TimeRange=90&Volume=1&ChartType=heikinashi&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ESI&trade=1476762&end=20141018110850&TimeRange=90&Volume=1&ChartType=range&width=450&height=275&barsize=2&barunits=ticks');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ESI&trade=1476762&end=20141018110850&TimeRange=90&Volume=1&ChartType=renko&width=450&height=275&barsize=3&barunits=ticks');}

ESI Trade on Oct 17, 2014 10:45 from JensW: Tradervue User Stock Trades.

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