EGRX Trade on Dec 8, 2015 09:42 from ToqueX: Tradervue User Stock Trades.

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Grade=D
P/L= -1.65R

Entry: picking a top. This time using 94 resistance as a guide and keeping the stop at a reasonable level as to not let losses run away.

Result: Stopped out. The stock kept running.

Lesson: Wait for the momomentum to die and roll over convincingly. Specifically, a full red candle on the 5m would be one indication.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-12-08 09:42:51	EGRX	sell	$92.310	short
2015-12-08 09:45:19	EGRX	buy	$93.940	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=EGRX&trade=4043038&end=20160107&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=EGRX&trade=4043038&end=20151208160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=EGRX&trade=4043038&end=20151208121519&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=EGRX&trade=4043038&end=20151208101419&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

EGRX Trade on Dec 8, 2015 09:42 from ToqueX: Tradervue User Stock Trades.

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