SCOK Trade on Oct 20, 2014 12:20 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: --------------------------Shorting daily runner
Entry: --------------------------4.02
Shares: -------------------------500
Stop: ---------------------------4.12
T1: -----------------------------Unknown
T2: -----------------------------
Reward:Risk Ratio (T1): ---------Unknown
Exit: ---------------------------4.11
Profit/(Loss) Without Commission:--- -46.07

Comments:

• Fifth of many trades in SCOK that day- absolute attention whore
• Poor position management
• Had gains, covered half or 1/3 and then did not put stop at entry price
• Stocks turned around and ran against me in a massive way, eliminating gains and leading to losses
• Reason - too many positions at the same time - loosing focus