MJN Trade on Jun 30, 2016 11:02 from JensW: Tradervue User Stock Trades.

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JensW

+0.2R

Trade Plan

Risk (cents): ------------------ 50, willing to add
Risk (absolute, USD): ---------- 7.5
Average Price: ----------------- ca. 91.90 
Stop Price: -------------------- ca. 92.40
Target Price: ------------------ ca. 91.00
Reward to Risk (cents): -------- 90/50
Reward to Risk (factor): ------- ca. 1.8:1

Things well done: --------------  
Mistakes: ---------------------- Did not wait for 91 level, 9EMA at 90.50
Lesson(s): ---------------------

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-06-30 11:02:32	MJN	sell	$91.900	short
2016-06-30 11:04:56	MJN	buy	$91.180	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MJN&trade=4688952&end=20160630113356&i=m1&TimeRange=90&Volume=1&ChartType=heikinashi&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MJN&trade=4688952&end=20160701110456&TimeRange=90&Volume=1&ChartType=range&width=450&height=275&barsize=2&barunits=ticks');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MJN&trade=4688952&end=20160701110456&TimeRange=90&Volume=1&ChartType=renko&width=450&height=275&barsize=3&barunits=ticks');}

Comments

kunal00

2016-07-02 22:57:17

hey bud! good to see you back in action!

JensW

2016-07-03 02:13:20

never been "out of action".

timothymueller

2016-07-04 14:44:58

JensW - How are you able to find these parabolic stocks to short? How do you determine your entries? Well timed.

JensW

2016-07-05 02:02:28

There are ca. 5-6 things I look for in these intraday parabolic stocks.
I have documented hundreds of these trades. They are publically available. You will quickly see a pattern, when you go through them.

One trade always has to be irrelevant. It is about the before, during and after process, that you carry out.

https://twitter.com/AsennaWealth/status/607371224189009921/photo/1

Work on your own "processes", that you are comfortable with.

timothymueller

2016-07-05 15:13:28

Great stuff, JensW. I will go through your trades and take notes :)

MJN Trade on Jun 30, 2016 11:02 from JensW: Tradervue User Stock Trades.

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