GLNG Trade on Oct 20, 2014 12:32 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: --------------------------No Set-up
Entry: --------------------------50.35
Shares: -------------------------100
Stop: ---------------------------Unknown
T1: -----------------------------Unknown
T2: -----------------------------
Reward:Risk Ratio (T1): ---------Unknown
Exit: ---------------------------51.405
Profit/(Loss) Without Commission:--- -105.92

Comments:

  • No set-up
  • Poor risk management
  • Overtrading galore
  • Second trade in GLNG for the day
  • Will stay away from it in the future

image


Execution detail:

Date/time Symbol Side Price Position
2014-10-20 12:32:39 GLNG sell $50.346 short
2014-10-20 14:15:11 GLNG buy $51.405 0


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