AQXP Trade on Jul 9, 2015 10:24 from JensW: Tradervue User Stock Trades.

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JensW

 

Day in general:
- Solid green day after commissions
- Tried AQXP for a bounce, which was a bad idea and a good lesson
- Did not manage to ignore P&L
- Slightly better patience with a few names (NEO, CLNE)

Trade:

Set-up: ------------------------- Flat bottom breakout
Quality of set-up: -------------- B
Number of Entries: -------------- 2
Capital used: ------------------- ca. 400
Risk: --------------------------- very high
Stop: --------------------------- 1.95 ... 5 cents
Target: ------------------------- 2.10 ... 10 cents
Reward to Risk: ----------------- 2:1
RSI: ---------------------------- ca. 4
Recent performance: ------------- ca. -66% 
Number of up / down candles: ---- 40% gap down + 10 candles with further 20% drop
Shape of last candle b/f entry:-- Whole number 2
Joker: -------------------------- No
Joker worked: ------------------- N/A
Outcome joker: ------------------ N/A

Profit/(Loss) Without Commission:--- -9.00

Trade Comments:

  • Stock eventually rose to 2.12, but price action on the bottom was too choppy
  • Overall and in general ... too strong of a sell-off with -60%

Execution detail:

Date/time Symbol Side Price Position
2015-07-09 10:24:45 AQXP buy $2.030 long
2015-07-09 10:25:53 AQXP buy $1.960 long
2015-07-09 10:34:41 AQXP sell $1.950 0


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