CMRX Trade on Oct 20, 2014 10:29 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: --------------------------Intraday Bear Flag
Entry: --------------------------31.41
Shares: -------------------------200
Stop: ---------------------------31.60
T1: -----------------------------31.0
T2: -----------------------------
Reward:Risk Ratio (T1): ---------2
Exit: ---------------------------31
Profit/(Loss) Without Commission:--- 81.75

Comments:
- O.k. trade for me
- Happy with coverage, even though it was not 2R
- Major opportunity later in day, which I missed by looking at too many other stocks

image


Execution detail:

Date/time Symbol Side Price Position
2014-10-20 10:29:46 CMRX sell $31.398 short
2014-10-20 10:29:46 CMRX sell $31.430 short
2014-10-20 11:13:13 CMRX buy $31.001 short
2014-10-20 11:36:57 CMRX buy $31.010 0


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