VBLT Trade on May 29, 2015 11:24 from JensW: Tradervue User Stock Trades.

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JensW

 

Day in general:
- Green day after commissions
- Had some connectivity issues with IB, where bid/ask were simply not showing
- Had to call IB, problem was not resolved during the day
- IT issue threw me off a little bit
- Fairly happy about only taking a few select trades
- Covers getting marginally better, but far from o.k.

Trade:

Set-up: ------------------------- Intraday parabolic short 
Quality of set-up: -------------- A
Number of Entries: -------------- 3 
Capital used: ------------------- ca. 700
Risk: --------------------------- very high
RSI: ---------------------------- 80
Recent performance: ------------- +13% on the day
Number of up / down candles: ---- 2-3 para candles
Shape of last candle b/f entry:-- 11% in 10min
Joker: -------------------------- yes
Joker worked: ------------------- not really
Outcome joker: ------------------ 3 cents ... marginal

Profit/(Loss) Without Commission:--- 7.20

Trade Comments:

  • Low float (7.4mio.) junk stock being hyped by ASCO conference
  • Perfect high of day break-out set-up around 7.70
  • Shorted into the spike
  • Not happy about covers, 9EMA was at 8.25
  • Basically I covered 20 cents or 2.5-3% too early around 8.45s
  • Nice 9EMA/20EMA cross later in day around 1:40 PM for a breakdown

Execution detail:

Date/time Symbol Side Price Position
2015-05-29 11:24:26 VBLT sell $8.270 short
2015-05-29 11:31:41 VBLT sell $8.540 short
2015-05-29 11:35:01 VBLT sell $8.690 short
2015-05-29 11:36:05 VBLT buy $8.480 short
2015-05-29 11:41:13 VBLT buy $8.470 short
2015-05-29 11:42:08 VBLT buy $8.440 0


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