RCPT Trade on Oct 28, 2014 12:41 from JensW: Tradervue User Stock Trades.

Shared by
JensW

Difficult day
Many losers
Did not find the right set-ups
Markets mostly flat

Setup: --------------------------Intraday Breakdown
Entry: --------------------------95.07
Shares: -------------------------100
Stop: ---------------------------95.50
T1: -----------------------------Unknown
T2: -----------------------------
Reward:Risk Ratio (T1): ---------Unknown
Exit: ---------------------------95.09
Profit/(Loss) Without Commission:--- -1.80

Comments:

Third trade in RCPT
Was too scared
Was down 60 and stock came back to entry price
I covered there
IN past I had unrealized losses, stock went back to entry price and I was waiting for a big profit, before stock moved to losses again
I told myself to cover stocks quickly that do not do as I expected them to behave
Here it would have paid to wait a little longer

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-10-28 12:41:46	RCPT	sell	$95.072	short
2014-10-28 12:58:11	RCPT	buy	$95.090	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=RCPT&trade=1531126&end=20141028132211&i=m1&TimeRange=90&Volume=1&ChartType=heikinashi&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=RCPT&trade=1531126&end=20141029125811&TimeRange=90&Volume=1&ChartType=range&width=450&height=275&barsize=2&barunits=ticks');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=RCPT&trade=1531126&end=20141029125811&TimeRange=90&Volume=1&ChartType=renko&width=450&height=275&barsize=3&barunits=ticks');}

Comments

kunal00

2014-10-31 22:33:29

Come on now let's use some common sense it had already dropped $6 in a very orderly fashion there is no setup there on the intraday chart you chased it

RCPT Trade on Oct 28, 2014 12:41 from JensW: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax