AMCN Trade on Jul 6, 2015 09:53 from JensW: Tradervue User Stock Trades.

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JensW

 

Day in general:
- Tiny green day after commissions
- Too hot to think straight
- High hit ratio
- Only one loser (YOKU), which I played with more size and which ruined daily result
- Several early covers (RPTP, ES) due to focusing on too many plays

Trade:

Set-up: ------------------------- Intraday parabolic long
Quality of set-up: -------------- A
Number of Entries: -------------- 2
Capital used: ------------------- ca. 400
Risk: --------------------------- very high
Stop: --------------------------- N/A
Target: ------------------------- 9EMA ... 4.26
Reward to Risk: ----------------- N/A
RSI: ---------------------------- ca. 3
Recent performance: ------------- ca. -15% in first 5 candles
Number of up / down candles: ---- Gap down and 5 red candles
Shape of last candle b/f entry:-- Whole number around 4
Joker: -------------------------- yes
Joker worked: ------------------- no
Outcome joker: ------------------ -5 cents / USD -2.5

Profit/(Loss) Without Commission:--- 9.65

Trade Comments:

  • Distance between initial entry and add was 3.9%
  • Average price 4.02 with 100 shares
  • Did not have the patience for 20-25min to wait for the bounce
  • Should have waited at least for 9EMA around 4.25

image


Execution detail:

Date/time Symbol Side Price Position
2015-07-06 09:53:47 AMCN buy $4.100 long
2015-07-06 09:55:04 AMCN buy $3.940 long
2015-07-06 10:01:38 AMCN sell $4.140 long
2015-07-06 10:02:22 AMCN sell $4.093 0


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