CBK Trade on Dec 4, 2014 11:51 from JensW: Tradervue User Stock Trades.

Shared by
JensW

Difficult day, where patience was tested
Not a lot of stocks on my radar
I was forcing trades instead of waiting for sensible set-ups
One crazy trade, where I did not cut losses
One trade with exact same mistake as last week
End result decent, but still many mistakes

Number of Entries: --------------- 3
Capital used: -------------------- ca. 15k
Risk: ---------------------------- very high
Stochastics: --------------------- 13
Bollinger Band: ------------------ yes at first 2 entries
Recent performance: -------------- down ca. 26% on the day
Number of up / down candles: ------all day down trend
Shape of last candle b/f entry:--- exhaustion not present
Joker: ---------------------------- no
Joker worked: ---------------------- N/A
Outcome joker: --------------------- N/A

Profit/(Loss) Without Commission:--- 159.00

Comments:

Same mistake as with SDRL last week
Was not a long
Was a slow grinder to lower lows
Slope of curve wrong
4.99 average with 3000 shares
Could have covered / sold 40 min after entry, but was gone from desk
Got lucky on this one really
Was a bad trade

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-12-04 11:51:38	CBK	buy	$5.060	long
2014-12-04 11:51:38	CBK	buy	$5.060	long
2014-12-04 11:51:40	CBK	buy	$5.070	long
2014-12-04 11:51:40	CBK	buy	$5.070	long
2014-12-04 11:51:41	CBK	buy	$5.060	long
2014-12-04 11:51:47	CBK	buy	$5.060	long
2014-12-04 11:51:48	CBK	buy	$5.060	long
2014-12-04 11:51:48	CBK	buy	$5.060	long
2014-12-04 12:05:42	CBK	buy	$4.970	long
2014-12-04 12:19:55	CBK	buy	$4.920	long
2014-12-04 12:19:55	CBK	buy	$4.920	long
2014-12-04 12:19:55	CBK	buy	$4.930	long
2014-12-04 15:45:15	CBK	sell	$5.030	long
2014-12-04 15:45:15	CBK	sell	$5.030	long
2014-12-04 15:45:42	CBK	sell	$5.050	long
2014-12-04 15:45:42	CBK	sell	$5.050	long
2014-12-04 15:45:43	CBK	sell	$5.050	long
2014-12-04 15:46:12	CBK	sell	$5.050	long
2014-12-04 15:47:21	CBK	sell	$5.070	long
2014-12-04 15:47:21	CBK	sell	$5.070	long
2014-12-04 15:47:21	CBK	sell	$5.070	long
2014-12-04 15:48:42	CBK	sell	$5.000	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CBK&trade=1600466&end=20141204154842&i=m1&TimeRange=90&Volume=1&ChartType=heikinashi&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CBK&trade=1600466&end=20141205154842&TimeRange=90&Volume=1&ChartType=range&width=450&height=275&barsize=2&barunits=ticks');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CBK&trade=1600466&end=20141205154842&TimeRange=90&Volume=1&ChartType=renko&width=450&height=275&barsize=3&barunits=ticks');}

Comments

kunal00

2014-12-04 23:10:21

how are u choosing these entries what is ur setup? I'm not understanding these trades.

JensW

2014-12-05 01:24:44

it is not a set-up you teach.
it is something i came up with myself.

this one was poor,

but there are real intra-day sell-offs that are worth buying and there are real intra-day rallies that I like to short.

tombro

2014-12-05 02:27:31

So.....what's the setup? I feel weird in asking, but wtf, KD shared all his setups...

JensW

2014-12-05 03:20:09

it is basically a rubberband snapback in BOWS' lingo.
investors live calls it parabolic.
i am trying to adopt it to the way I like trading.
no need to swear.

tombro

2014-12-05 23:34:10

Sorry JensW for the WT-...and I shouldn't be assuming anything, but it really seemed like you didn't want to answer the question...because you didn't.
So, sorry if I offended you, and sorry if I'm making the wrong assumptions.

CBK Trade on Dec 4, 2014 11:51 from JensW: Tradervue User Stock Trades.

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