GMCR Trade on Dec 7, 2015 09:53 from ToqueX: Tradervue User Stock Trades.

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ToqueX

Grade=D
P/L= -0.26R

Entry: short to fade the extreme gapper.

Result: It was a definite chase, but I thought I saw the beginning of a clag on the 2m and 5m charts and was looking for it to fade at least for a period of time.
It ended up stopping me out on my somewhat tightened stop and price has essentially already been found. This was on takeover news, so I guess that pricing was preset by the deal and it didn't waver much from that.

Lesson: Something to either stay out of or get in on a bona fide setup.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-12-07 09:53:20	GMCR	sell	$89.560	short
2015-12-07 10:15:00	GMCR	buy	$89.689	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GMCR&trade=4041396&end=20160106&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GMCR&trade=4041396&end=20151207160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=GMCR&trade=4041396&end=20151207123500&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=GMCR&trade=4041396&end=20151207103800&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

GMCR Trade on Dec 7, 2015 09:53 from ToqueX: Tradervue User Stock Trades.

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