KMI Trade on Dec 11, 2015 09:48 from ToqueX: Tradervue User Stock Trades.

Grade=C-
P/L= +2.2R

Entry: shorted the opening bounce. ORB. Oil-related company and had bounced in previous days, so I was looking for downside, and oil was bearish putting in multi-year lows.

Result: I got the move and the entry timing couldn't have been better. Scaled out 1/3, then 1/3, and then was determined to catch the whole move and carry it for a couple of hours if need be. I added to the position on the first pop and that worked out. Unfortunately I was too ambitious with my next target and it didn't quite reach my target and then took me out on my stop at the level of the add.

Lesson: In this case, I didn't profit from the add, but I didn't lose either. In future I need to more agresssively take profits at the next chance after adding. Similar to how I would after starting a trade.