AMRN Trade on May 28, 2015 13:17 from JensW: Tradervue User Stock Trades.

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JensW

 

Day in general:
- Solid green day after commissions
- Only took a few trades, trying to wait for the best opportunities
- Happy with patience for the most part
- Not happy with still not 100% trusting certain set-ups

Trade:

Set-up: ------------------------- Intraday parabolic short 
Quality of set-up: -------------- A 
Number of Entries: -------------- 5 
Capital used: ------------------- ca. 1'600
Risk: --------------------------- very high
RSI: ---------------------------- 93
Recent performance: ------------- +40% in 30min
Number of up / down candles: ---- 3-4
Shape of last candle b/f entry:-- Too early
Joker: -------------------------- yes
Joker worked: ------------------- yes, but absolutely minimized potential gain
Outcome joker: ------------------ 4 cents / 16 USD

Profit/(Loss) Without Commission:--- 48.70

Trade Comments:

  • Picture perfect intraday parabolic set-up
  • Distance from MAs over 20%
  • Too early in the move, but managable due to small starter size
  • Overall, "only" 1600 position size, even after 5 entries (4 adds)
  • Unhappy about covers
  • 9 EMA at 2.35, where I should have covered at least 100 share "rest" / joker position
  • Still do not trust this set-up completely

Execution detail:

Date/time Symbol Side Price Position
2015-05-28 13:17:34 AMRN sell $2.270 short
2015-05-28 13:21:18 AMRN sell $2.320 short
2015-05-28 13:23:13 AMRN sell $2.370 short
2015-05-28 13:24:48 AMRN sell $2.570 short
2015-05-28 13:26:54 AMRN sell $2.740 short
2015-05-28 13:29:34 AMRN buy $2.510 short
2015-05-28 13:29:45 AMRN buy $2.440 short
2015-05-28 13:31:04 AMRN buy $2.419 short
2015-05-28 13:32:38 AMRN buy $2.479 0


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