JMEI Trade on May 12, 2015 14:02 from cash7177_BOWS: Tradervue User Stock Trades.

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cash7177_BOWS

 

Once again, I had FOMO from missing the big moves of the day. JMEI was already VERY choppy to my liking, yet I chose to get into a trend that I didn't really understand. I saw it flag in the beginning, I missed my entry by like 5 Cents. I chose to get in anyways with a chasing size position. It took NO momentum to the upside. I bought it too early for any anticipation of a R/G move. so I really had no real play. I took a loss with the size I would have been comfortable with, but it was an unnecessary loss soley because of the fact that I had no real plan. And a trade with no plan is no trade at all.

I then switched sides to a short because I saw a small bear flag with MAS pointing down. I entered the trade ill didn't get the crash that I wanted. So I just got irritated and covered my shares for a 4 cent profit.


Execution detail:

Date/time Symbol Side Price Position
2015-05-12 14:02:28 JMEI buy $25.925 long
2015-05-12 14:02:28 JMEI buy $25.920 long
2015-05-12 14:03:52 JMEI buy $25.840 long
2015-05-12 14:11:19 JMEI buy $25.845 long
2015-05-12 14:29:40 JMEI sell $25.820 long
2015-05-12 14:29:40 JMEI sell $25.820 0
2015-05-12 14:31:54 JMEI buy $25.880 long
2015-05-12 14:32:10 JMEI buy $25.880 long
2015-05-12 14:32:10 JMEI buy $25.880 long
2015-05-12 14:32:10 JMEI buy $25.880 long
2015-05-12 14:50:05 JMEI sell $25.750 long
2015-05-12 14:50:05 JMEI sell $25.750 long
2015-05-12 14:50:05 JMEI sell $25.750 long
2015-05-12 14:50:05 JMEI sell $25.750 0
2015-05-12 14:50:05 JMEI sell $25.750 short
2015-05-12 14:50:05 JMEI sell $25.750 short
2015-05-12 14:50:05 JMEI sell $25.750 short
2015-05-12 14:50:05 JMEI sell $25.752 short
2015-05-12 15:00:33 JMEI buy $25.710 short
2015-05-12 15:00:33 JMEI buy $25.710 short
2015-05-12 15:00:33 JMEI buy $25.710 short
2015-05-12 15:00:33 JMEI buy $25.710 0


Comments

Gravatar Sayed
2015-05-13 15:00:24
 

It was the 1st down day after 3 day run. Stock some time needs rest. there were no setup here to go long. just let it chill.

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