RXDX Trade on Jun 1, 2015 09:59 from JensW: Tradervue User Stock Trades.

Gravatar

Shared by
JensW

 

Day in general:
- Green day after commissions
- Not as calm and collected as last week, a bit nervous / distracted at the open
- 2-3 unnecessary trades / 2-3 trades too many, taken during lull hour
- Covers getting marginally better, but far from o.k. (SPCB, RXDX)
- Not following all rules (P&L)

Trade:

Set-up: ------------------------- Opening parabolic short 
Quality of set-up: -------------- A (perhaps A-, due to fade)
Number of Entries: -------------- 1 
Capital used: ------------------- ca. 320
Risk: --------------------------- very high
RSI: ---------------------------- 92
Recent performance: ------------- +45%
Number of up / down candles: ---- 2
Shape of last candle b/f entry:-- Whole number 13
Joker: -------------------------- no
Joker worked: ------------------- N/A
Outcome joker: ------------------ N/A

Profit/(Loss) Without Commission:--- 7.25

Trade Comments:

  • Again, did not trust the pattern ... covered too early
  • Amazing runner later in the day, consolidated around 12 before running to 16
  • Relatively low volume with only 160k traded on average

Execution detail:

Date/time Symbol Side Price Position
2015-06-01 09:59:32 RXDX sell $12.790 short
2015-06-01 10:11:36 RXDX buy $12.500 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