SXC Trade on Oct 13, 2015 11:55 from ToqueX: Tradervue User Stock Trades.

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ToqueX

Grade=D
P/L: +0.8R

Setup: short the bounce

Result: I shorted after a bounce from a dip. I had to endure 45m of a drawdown before getting a small move in my direction.

Lesson: This wasn't a prime setup at all, and I could have waited a little longer to see what it would do at the 6.45 level without worrying about missing the trade. There may be other setups where it pays to act somewhat quickly when the cues are present, but not this one.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-10-13 11:55:41	SXC	sell	$6.450	short
2015-10-13 12:43:55	SXC	buy	$6.400	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SXC&trade=3679830&end=20151112&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SXC&trade=3679830&end=20151013160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SXC&trade=3679830&end=20151013160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=SXC&trade=3679830&end=20151013125755&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

SXC Trade on Oct 13, 2015 11:55 from ToqueX: Tradervue User Stock Trades.

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