GILD Trade on Aug 25, 2015 10:00 from ToqueX: Tradervue User Stock Trades.

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Grade=D

The setup: Short the bounce at HOD of previous day

The result: I was too hasty on entering this one, and it seems pretty forced. It would have made sense to wait to see how it would really react to this level over some more time, and possibly put in a full red candle. I was relying on the SPY a little too much, and the correlation with this stock is not near as strong as with others.

I'm picking a top here. Something that I shouldn't be doing.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-08-25 10:00:58	GILD	sell	$106.090	short
2015-08-25 10:09:28	GILD	buy	$106.550	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GILD&trade=3348852&end=20150924&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GILD&trade=3348852&end=20150825160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=GILD&trade=3348852&end=20150825123928&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=GILD&trade=3348852&end=20150825103628&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

GILD Trade on Aug 25, 2015 10:00 from ToqueX: Tradervue User Stock Trades.

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