Shared by
ckz_paper
PAPER TRADE (LOSS)
- Setup: -------------------------------------------------------------------- Red to Green
- Entry: --------------------------------------------------------------------- $8.92
- Shares: ------------------------------------------------------------------- 500
- Stop: ---------------------------------------------------------------------- $8.88
- T1: ------------------------------------------------------------------------- $9.14
- T2: ------------------------------------------------------------------------- $9.43
- Reward:Risk Ratio (T1): -------------------------------------------- 5.5:1
- Exit: ----------------------------------------------------------------------- $8.88
Profit/(Loss) With Commission: -------------------------------- ($33.00)
Details:
Red to green play, 500 shares. The stock had run big the day before and went green at $8.91. Simple play, the r2g move didn't hold so I sold quickly at $8.88. It needed a little more daily volume to be successful.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2012-05-04 09:31:58 | WWE | buy | $8.920 | long |
| 2012-05-04 09:39:01 | WWE | sell | $8.880 | 0 |
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