RENT Trade on May 13, 2015 11:20 from JensW: Tradervue User Stock Trades.

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JensW

 

Day in general:
- Green day after commissions
- Several paras with lower priced stocks
- Covers main problem
- Fairly happy about stopping after a certain number of trades was reached
- I still overtraded

Trade:

Set-up: ------------------------- Intraday parabolic short 
Quality of set-up: -------------- C 
Number of Entries: -------------- 3 
Capital used: ------------------- ca. 1900
Risk: --------------------------- very high
RSI: ---------------------------- 77
Recent performance: ------------- +24%
Number of up / down candles: ---- Major runner all morning
Shape of last candle b/f entry:-- Nothing special, no signal to enter short
Joker: -------------------------- no
Joker worked: ------------------- N/A
Outcome joker: ------------------ N/A

Profit/(Loss) Without Commission:--- -6.60

Trade Comments:

  • Trying the front side of the move, which was silly
  • Last add should have been 20 shares instead of 10 shares, did not follow rules
  • Was more or less at cost before covering
  • Average was 62.78, had a stop loss at 62.90, fill was 63
  • Happy I covered there for a relatively large loss
  • Exhaustion move was not the one towards 63.60, which I shorted, but the one towards 64.50

Execution detail:

Date/time Symbol Side Price Position
2015-05-13 11:20:59 RENT sell $61.980 short
2015-05-13 11:21:03 RENT sell $61.980 short
2015-05-13 11:26:28 RENT sell $62.800 short
2015-05-13 11:33:17 RENT sell $63.560 short
2015-05-13 11:48:48 RENT buy $63.000 0


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