WLL Trade on Apr 29, 2016 09:39 from JamesDover_BOWS: Tradervue User Stock Trades.

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JamesDover_BOWS

 

My mistake of the week here. My original plan was to short this at resistance near the 200 DMA. Not only did I follow someone from the chatroom on this one, but I didn't have a valid entry. The real mistake came when I clicked the 'Short' button twice. I had to lower my risk by half, invalidating my original thesis and making the loss greater. Gave back half of my weekly profits in one trade because of too much size.

If such a careless mistake happens again I'll just get out of the extra shares immediately to avoid changing my thesis on the stock. That will make me rethink the setup too.


Execution detail:

Date/time Symbol Side Price Position
2016-04-29 09:39:24 WLL sell $12.360 short
2016-04-29 09:39:26 WLL sell $12.360 short
2016-04-29 09:40:16 WLL buy $12.490 0


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