YHOO Trade on Jul 22, 2015 10:05 from ToqueX: Tradervue User Stock Trades.

Shared by
ToqueX

Grade=D

The setup: Short the pop after a significant gap down.

The result: I was short-biased after the gap down. I got my move after the entry, but was a little greedy in the way I hung around and wasn't happy with just poking below 39.00. I should have taken some off there with the .10/share gain to lower my risk and lock some in no matter how small. This is a psychological issue of trading with small size that I need to work on. Perhaps mentally adding a zero to the number might motivate me. Either way, breaking a key level and the price action slowing down warrants taking some off. Got to do it next time.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-07-22 10:05:09	YHOO	sell	$39.090	short
2015-07-22 10:18:09	YHOO	buy	$39.060	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=YHOO&trade=3201828&end=20150821&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=YHOO&trade=3201828&end=20150722160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=YHOO&trade=3201828&end=20150722124309&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=YHOO&trade=3201828&end=20150722104409&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

YHOO Trade on Jul 22, 2015 10:05 from ToqueX: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax