JCP Trade on Nov 12, 2012 11:51 from ckz8780: Tradervue User Stock Trades.

This trade overall was a disaster. I assumed that if it broke $18.50 it would flush fairly hard so I decided to anticipate the break at $18.70. That part was fine. I then doubled up when it cracked lows at $18.55. I think that gave me a little too much risk, so I became nervous when it started to look like it would squeeze and decided to get out below my stop of $18.92 (at $18.71) and reverse my position so I was long 400 shares. Then, the stock started to roll over and looked like it was going to drop again so I got out of my long position and lost on that one too. I should have just kept my original 200 shares short and let it work bellow $18.50, which it did, rather than take a $70 loss on it. I also re-shorted again at the end of the day looking for a break of $18.00 but covered it flat because it gave me terrible reward to risk. Overall just a bad trade. I got emotional and lost focus. Luckily it only cost me 70 bucks.