SCOK Trade on Oct 20, 2014 11:27 from JensW: Tradervue User Stock Trades.

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Shared by
JensW

 
  • Worst day (Oct. 20th, 2014) in 7 weeks
  • Massive overtrading
  • Did not cut losses quickly
  • Forgot or did not apply most rules
  • Did not look for set-ups - gambling
  • Slap in face after great Friday last week (Oct. 17)
  • Had up to 6 positions at the same time!!!! Insane.
  • Will have to start from scratch and go slow
  • Rule for this week (Oct. 21st.) max. 8 trades per day, overtrading is something I dont need

Setup: --------------------------Shorting daily runner
Entry: --------------------------3.974
Shares: -------------------------500
Stop: ---------------------------4.07
T1: -----------------------------3.77
T2: -----------------------------
Reward:Risk Ratio (T1): ---------2
Exit: ---------------------------4.22
Profit/(Loss) Without Commission:--- -123.00

Comments:

  • Third of many trades in SCOK - absolute attention whore
  • Ignored stop loss
  • It is good I lost on this one so often
  • I was actually gambling

image


Execution detail:

Date/time Symbol Side Price Position
2014-10-20 11:27:53 SCOK sell $3.974 short
2014-10-20 11:41:45 SCOK buy $4.220 0


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