DRYS Trade on Oct 20, 2014 10:42 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: --------------------------Scalp
Entry: --------------------------1.86
Shares: -------------------------1000
Stop: ---------------------------1.89
T1: -----------------------------No target
T2: -----------------------------
Reward:Risk Ratio (T1): ---------Unknown
Exit: ---------------------------1.855
Profit/(Loss) Without Commission:--- 4.94

Comments:

  • Should have covered 100% , not just 50% at 1.83
  • Was a quick scalp and I turned it into a hope trade
  • Note: One has to be quick with scalps

image


Execution detail:

Date/time Symbol Side Price Position
2014-10-20 10:42:16 DRYS sell $1.860 short
2014-10-20 10:42:21 DRYS sell $1.860 short
2014-10-20 10:42:23 DRYS sell $1.860 short
2014-10-20 10:42:23 DRYS sell $1.860 short
2014-10-20 10:42:26 DRYS sell $1.860 short
2014-10-20 10:42:26 DRYS sell $1.860 short
2014-10-20 10:53:20 DRYS buy $1.830 short
2014-10-20 10:53:21 DRYS buy $1.830 short
2014-10-20 11:06:42 DRYS buy $1.880 short
2014-10-20 11:06:42 DRYS buy $1.880 short
2014-10-20 11:06:42 DRYS buy $1.880 0


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