SPHS Trade on May 27, 2015 09:55 from JensW: Tradervue User Stock Trades.

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JensW

 

Day in general:
- Solid green day after commissions
- Happy with patience for the most part
- Relatively focused and relaxed and open for opportunities
- Managed to ignore P&L for large parts of the days

Trade:

Set-up: ------------------------- Opening parabolic short 
Quality of set-up: -------------- B 
Number of Entries: -------------- 1 
Capital used: ------------------- ca. 100
Risk: --------------------------- very high
RSI: ---------------------------- 85
Recent performance: ------------- +80%
Number of up / down candles: ---- 5 large candles
Shape of last candle b/f entry:-- Distance from 9EMA ca. 30%
Joker: -------------------------- no
Joker worked: ------------------- N/A
Outcome joker: ------------------ N/A

Profit/(Loss) Without Commission:--- 3.60

Trade Comments:

  • Cheap stock parabolic at the open
  • Float only 15mio.
  • Crazy distance from 9EMA with 30%
  • Don't like these tiny stocks as they can 100-200% in a day, but price action at open seemed hardly sustainable

Execution detail:

Date/time Symbol Side Price Position
2015-05-27 09:55:10 SPHS sell $1.590 short
2015-05-27 09:59:15 SPHS buy $1.530 0


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