EGRX Trade on Dec 8, 2015 09:36 from ToqueX: Tradervue User Stock Trades.

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ToqueX

 

Grade=D
P/L= -1.4R

Entry: picking a top at 90 which did show some previous support from the day before.

Result: Blasted right through my stop.

Lesson: Broke a rule, paid the price. Stop was set appropriately, and I don't think I could have had it in a better place. I need to stay out of runs like this and let them play out before making a decision. With more capital, perhaps this could be played effectively. Even then, waiting for full red candle to be put in on the 5m chart would have given me a better chance and offered me 1.50/share of profit.


Execution detail:

Date/time Symbol Side Price Position
2015-12-08 09:36:35 EGRX sell $90.000 short
2015-12-08 09:38:15 EGRX buy $91.400 0


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