MON Trade on Mar 2, 2016 09:40 from parkergreen: Tradervue User Stock Trades.

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parkergreen

 

I shorted $MON @ 87.87 for the orb. I began to scale out selling a quarter of the position @ 87.47. It had a nice, orderly pullback and I re-shorted @87.56 adding to my current position. It had a great trendline break @87.50 and I covered 150 shares @87.31 and the remaining 300 @87.25. I'm happy with the pattern recognition of the orb and the trendline break but I covered my shares waaaayyy to early this thing had a sweet flush that I missed because of poor trade management. I've been much better about scaling out properly and holding lotto shares to maximize my gains, but this time I didn't stick to those rules and it cost me big-time! Definitely learned a good lesson on this one to stick to the rules of trade management and scaling out!


Execution detail:

Date/time Symbol Side Price Position
2016-03-02 09:40:55 MON sell $87.865 short
2016-03-02 09:42:45 MON buy $87.470 short
2016-03-02 09:49:00 MON sell $87.552 short
2016-03-02 09:49:02 MON sell $87.564 short
2016-03-02 09:50:17 MON buy $87.310 short
2016-03-02 10:16:29 MON buy $87.250 0


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