CMCM Trade on May 14, 2015 10:37 from JensW: Tradervue User Stock Trades.

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JensW

 

Day in general:
- Small green day after commissions
- CMCM trades dominated the day
- Happy that I cut some losses in CMCM and re-entered later in the move
- One trade with real size (6k), which turned out to be a winner
- So important to have a pre-defined add strategy and stick to it
- Overall, larger size

Trade:

Set-up: ------------------------- Intraday parabolic short 
Quality of set-up: -------------- B 
Number of Entries: -------------- 2 
Capital used: ------------------- ca. 750
Risk: --------------------------- very high
RSI: ---------------------------- 90
Recent performance: ------------- +10%
Number of up / down candles: ---- Grinding higher all morning
Shape of last candle b/f entry:-- Nothing special
Joker: -------------------------- N/A
Joker worked: ------------------- N/A
Outcome joker: ------------------ N/A

Profit/(Loss) Without Commission:--- 2.17

Trade Comments:

  • Made a mistake when adding. Added 10 shares instead of 15
  • Held stock for a very long time, waiting for the flush
  • Flush happened, but I was already out of the trade
  • No patience and did not want the stock to rip on my
  • Was really stingy and took forever

Execution detail:

Date/time Symbol Side Price Position
2015-05-14 10:37:27 CMCM sell $29.320 short
2015-05-14 10:55:37 CMCM sell $29.800 short
2015-05-14 13:18:04 CMCM buy $29.425 0


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