ESI Trade on Oct 17, 2014 12:41 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: --------------------------Shorting daily runner
Entry: --------------------------10.172
Shares: -------------------------500
Stop: ---------------------------10.20
T1: -----------------------------9.90
T2: -----------------------------
Reward:Risk Ratio (T1): ---------3
Exit: ---------------------------9.81
Profit/(Loss) Without Commission:--- 178.22

Comments:

  • Was risky trade
  • Size probably too big
  • Probably should have stopped out at 10.40 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 9.82, stock dropped to below 9

image


Execution detail:

Date/time Symbol Side Price Position
2014-10-17 12:41:25 ESI sell $10.172 short
2014-10-17 12:41:25 ESI sell $10.170 short
2014-10-17 12:41:25 ESI sell $10.170 short
2014-10-17 12:41:25 ESI sell $10.170 short
2014-10-17 12:41:25 ESI sell $10.170 short
2014-10-17 13:12:06 ESI buy $9.880 short
2014-10-17 13:15:56 ESI buy $9.660 short
2014-10-17 13:18:10 ESI buy $9.825 0


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