Shared by
J2WS
As discussed in my recent
post
I must start judging my trades based on the process and not just the result.http://www.youtube.com/watch?v=cquRoXpw7wg
- Did I follow my risk guidelines?
I thought I was sized okay on my first lot, but my second lot was added too soon.
- Did I correctly use a feeler?
I did not use a feeler on this trade.
- Was I in the correct amount of size?
I was initially, but I added too soon.
- How many times did I chase the trade?
The second add wasn't really a chase, I just got bigger for no real reason. I should have waited on that one until a confirmed move away from the pull back area.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-06-10 10:46:37 | GMCR | buy | $78.640 | long |
| 2013-06-10 10:50:52 | GMCR | buy | $78.660 | long |
| 2013-06-10 10:50:52 | GMCR | buy | $78.670 | long |
| 2013-06-10 10:50:52 | GMCR | buy | $78.670 | long |
| 2013-06-10 10:50:52 | GMCR | buy | $78.670 | long |
| 2013-06-10 10:50:52 | GMCR | buy | $78.670 | long |
| 2013-06-10 11:09:27 | GMCR | sell | $78.250 | long |
| 2013-06-10 11:09:27 | GMCR | sell | $78.250 | long |
| 2013-06-10 11:09:27 | GMCR | sell | $78.240 | long |
| 2013-06-10 11:09:27 | GMCR | sell | $78.240 | 0 |
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