NLNK Trade on Oct 20, 2014 13:23 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: --------------------------34.56
Shares: -------------------------100
Stop: ---------------------------35
T1: -----------------------------33.50
T2: -----------------------------
Reward:Risk Ratio (T1): ---------2
Exit: ---------------------------33.44
Profit/(Loss) Without Commission:--- 112.50

Comments:

• Solid trade for me
• Covered way too early
• Was up 18-20% on the day or 7-8 dollars
• Entry was key
• Took short when price spiked up
• Risk towards VWAP, which was nicely above
• First sign of weakness, waited for bounce, shorted and second round of weakness led to drop