TMUS Trade on May 26, 2015 12:23 from JensW: Tradervue User Stock Trades.

Gravatar

Shared by
JensW

 

Day in general:
- Very solid day until noon / 1PM, when I should have taken a break
- Did not take a break and traded on, made a big mistake, which wiped out all gains
- Small greeb day before commissions, red day after commissions
- Need to get away from desk at least once after the open
- Was trading P&L after the lunch loss, which was unacceptable

Trade:

Set-up: ------------------------- Intraday parabolic short 
Quality of set-up: -------------- B 
Number of Entries: -------------- 1 
Capital used: ------------------- ca. 370
Risk: --------------------------- high
RSI: ---------------------------- 90
Recent performance: ------------- +3.5%
Number of up / down candles: ---- very grindy all morning
Shape of last candle b/f entry:-- Too early ... should have waited for 38
Joker: -------------------------- no
Joker worked: ------------------- N/A
Outcome joker: ------------------ N/A

Profit/(Loss) Without Commission:--- -2.10

Trade Comments:

  • This was a game changer for me on 5/26/2015
  • My first add would have been around 38.22
  • Stock did hit that level, but I had stopped out before
  • Mistake was really that I entered too early
  • Everyone knew / expected the 38 level, but I could not wait
  • Lack of patience and therefore being too early in the move ... cause for loss

Execution detail:

Date/time Symbol Side Price Position
2015-05-26 12:23:18 TMUS sell $37.850 short
2015-05-26 12:51:36 TMUS buy $38.060 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in