TEX Trade on Feb 1, 2016 09:57 from rogomon: Tradervue User Stock Trades.

Gravatar

Shared by
rogomon

 

I was dead wrong on this trade. My trade idea was for a continued drop down to $21 even though the giant volume bars hinted at a possible reversal to the upside.

My initial entry was a too aggressive only $.10 above the low of the day. The second I saw it putting in a higher low I should've covered my position.

On top of that, I added to a losing position. And my add was a chase. Then when the price continued to grind up with higher lows, I got scared and covered emotionally at the peak.

Not a trade to be proud about at all. A good example of everything not to do in trading.


Execution detail:

Date/time Symbol Side Price Position
2016-02-01 09:57:17 TEX sell $21.660 short
2016-02-01 10:16:40 TEX sell $22.200 short
2016-02-01 10:31:21 TEX buy $22.370 short
2016-02-01 10:31:21 TEX buy $22.370 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in