RGLS Trade on Oct 22, 2014 11:43 from JensW: Tradervue User Stock Trades.

• Solid day
• Better position management
• Too many trades

Setup: --------------------------Shorting daily runner
Entry: --------------------------200 - 14.52, 200 - 15.04, 200 - 15.03
Shares: -------------------------600
Stop: ---------------------------Unknown
T1: -----------------------------Unknown
T2: -----------------------------
Reward:Risk Ratio (T1): ---------Unknown
Exit: ---------------------------14.37
Profit/(Loss) Without Commission:--- 296.00

Comments:

• From a risk mgmt point of view this was not ideal and very risky
• However, the parabolic move was there
• The price action was not sustainable
• I built a short position, and was way too early on my first short
• Should have waited for whole number at 15
• I will continue practicing building short positions by adding into loosers
• RGLS was up ca. 120% on the day
• At some point stock is exhausted - especially with such a quick move
• From 12.4 to 15.50 in 25 min - crazy