VRX Trade on Oct 19, 2015 09:52 from rsteckly: Tradervue User Stock Trades.

Macro Situation: neutral.

This was the trade I originally intended to put on. A sell the news short. Again, I let the profit taking by shorts shake me out of the position and trick me into thinking it was an ORB.

Had I stuck with my original thesis--and not tried to long it, etc. and panicked around what I thought was an ORB formation--I would have made over $3K over the next few hours by letting it develop.

Instead, I watched the tape, didn't respect my stops, didn't respect my initial thesis and overtraded.

VRX provided numerous other tactical setups to short the sell news event:

1) Cross of the VWAP and curling EMAs around 12
2) Tap of the VWAP at 12:40
3) Breakdown of the $164 level and the resulting flush.

All these were great setups. Instead, I anticipated the short, didn't respect my stops and lost money.