ESI Trade on Oct 20, 2014 11:59 from JensW: Tradervue User Stock Trades.

• 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 Breakdown
Entry: --------------------------11.23
Shares: -------------------------400
Stop: ---------------------------11.40
T1: -----------------------------10.90
T2: -----------------------------
Reward:Risk Ratio (T1): ---------ca. 2
Exit: ---------------------------11.21
Profit/(Loss) Without Commission:--- 8.10

Comments:

• Was up 120 on this trade or 2R
• Got greedy and did not manage position well, due to too many other positions I was watching
• Should have put stop at entry price
• Instead I let the stock run against me from 10.90s to 11.50
• Major breakout toward end of day
• Poor trade, did not manage position