MYGN Trade on Oct 17, 2014 10:20 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: --------------------------35.02
Shares: -------------------------200
Stop: ---------------------------35.25
T1: -----------------------------34.50
T2: -----------------------------
Reward:Risk Ratio (T1): ---------2
Exit: ---------------------------34.83
Profit/(Loss) Without Commission:--- 38.00

Comments:

  • Entry was poor, used 9 EMA as guide, which did not work
  • Realized that entries are so importanrt, especially on bear flags
  • Poor risk management
  • Not 100% sure whether to stop out at 35.25 or 35.50
  • Got lucky, poor trade, should have been a loss

image


Execution detail:

Date/time Symbol Side Price Position
2014-10-17 10:20:01 MYGN sell $35.020 short
2014-10-17 10:20:01 MYGN sell $35.020 short
2014-10-17 11:11:20 MYGN buy $34.850 short
2014-10-17 11:12:41 MYGN buy $34.810 0


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