ESM2 Trade on May 9, 2012 15:56 from Trader_Rod: Tradervue User Stock Trades.

I created a new tag for invalid entry. That is, a trade taken with NO SET-UP. A boredom, undisciplined, drunk monkey, button hitting, rationalize after the fact, fiasco. This was one of them. The only thing I did right was tighten the stop.

Execution detail:

Date/time	Symbol	Side	Price	Position
2012-05-09 15:56:00	ESM2	buy	$1352.75	long
2012-05-09 15:56:00	ESM2	buy	$1352.75	long
2012-05-09 15:59:00	ESM2	sell	$1351.25	long
2012-05-09 15:59:00	ESM2	sell	$1351.25	long
2012-05-09 15:59:00	ESM2	sell	$1351.25	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ESM2&trade=165346&end=20120608&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ESM2&trade=165346&end=20120509171500&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ESM2&trade=165346&end=20120509171500&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=ESM2&trade=165346&end=20120509162800&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

W2trader

2012-05-10 12:31:32

Ha, love it. My tag for these kind of trades is "Dumb Trade" :).

Good luck with your trading. I trade the ES as well.

Trader_Rod

2012-05-10 13:32:43

Yeah, I had to resist tagging it with an expletive. I tweet all my trades @homehedgie. Shoot me your handle if you use twitter.

Traderxyz

2012-12-02 10:47:03

Yep I gotta adopt that tag as well! Just a couple fewer of these a week for me means big money.

ESM2 Trade on May 9, 2012 15:56 from Trader_Rod: Tradervue User Stock Trades.

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