CBLI Trade on Jun 25, 2015 10:53 from JensW: Tradervue User Stock Trades.

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JensW

 

Day in general:
- Red day after commissions
- Made a mistake early in the day, which led to a big loss
- This set the tone for the rest of the day
- All over the place and fixated on P&L
- Just out of sync with the market and price action
- Not quiet, collected, focused
- Very early on most moves

Trade:

Set-up: ------------------------- Intraday Bull Flag
Quality of set-up: -------------- B
Number of Entries: -------------- 1 
Capital used: ------------------- ca. 140
Risk: --------------------------- moderate
Stop: --------------------------- 6.70 ... 8 cents
Target: ------------------------- 7.00 ... 22 cents
Reward to Risk: ----------------- 2.5:1
Shape of last candle b/f entry:-- Did not wait for the flag to form

Profit/(Loss) Without Commission:--- -0.60

Trade Comments:

  • Entry was close to 9EMA on the 5min chart around 6.70
  • My entry at 6.78 was too early
  • Stock did make the 7 run before lunch time
  • Probably could have walked away with a gain, had I put a take profit order in place
  • Very quick price action and little experience in longing those crazy runners

image


Execution detail:

Date/time Symbol Side Price Position
2015-06-25 10:53:09 CBLI buy $6.780 long
2015-06-25 10:59:03 CBLI sell $6.750 0


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