PEIX Trade on May 12, 2015 10:00 from JensW: Tradervue User Stock Trades.

Day in general:
- Small red day after commissions
- As always several really poor covers, which produced large opportunity costs
- In hindsight too many trades
- Some "gamble" / boredom trades during mid day lull
- Second day with slightly larger size
- Will try to focus on covers the rest of the week

Trade:

Set-up: ------------------------- Intraday parabolic short 
Quality of set-up: -------------- B 
Number of Entries: -------------- 4 
Capital used: ------------------- ca. 1'200
Risk: --------------------------- very high
RSI: ---------------------------- 70 ... never a high RSI
Recent performance: ------------- +12% in 30 min
Number of up / down candles: ---- 6
Shape of last candle b/f entry:-- Too early in the move
Joker: -------------------------- N/A
Joker worked: ------------------- N/A
Outcome joker: ------------------ N/A

Profit/(Loss) Without Commission:--- 8.00

Trade Comments:

• Too early in the move
• Huge miss due to early cover
• Given larger position, should have taken off 50% at 12 and let the rest run
• Average price 12.09