GME Trade on Jun 11, 2013 11:01 from J2WS: Tradervue User Stock Trades.

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J2WS

 

http://www.youtube.com/watch?v=vA22nWwQ3LA

  • Did I follow my risk guidelines?

Initial entry within the wedge was decent. The add through wasn't terrible either. My problem is I didn't have a plan for the trade, and that's a big problem.

  • Did I correctly use a feeler?

I did not use a feeler on this trade.

  • Was I in the correct amount of size?

Initially I thought I was in a good amount of size. Although my plan was a bit narrow minded and didn't really think about the bigger picture, I did feel like I was positioned well for a big move, it just never happened. Now when I reflect on this trade, I was probably in too big due to the fact of it gapping up so high and the chance of even more follow through after it had already gapped up 2 points and gone up another 1.5 pts from there. Definitely a low probability trade, similar to the one I did in CME yesterday.

  • How many times did I chase the trade?

I thought my entries were decent for the trade I thought it was. My mismanaging of the rest of the trade and tunnel vision towards today's wedge and only today's wedge was the bigger issues.


Execution detail:

Date/time Symbol Side Price Position
2013-06-11 11:01:43 GME buy $37.990 long
2013-06-11 11:07:01 GME buy $37.910 long
2013-06-11 11:17:54 GME buy $38.150 long
2013-06-11 11:17:54 GME buy $38.150 long
2013-06-11 11:27:42 GME buy $38.240 long
2013-06-11 11:27:42 GME buy $38.240 long
2013-06-11 11:27:42 GME buy $38.240 long
2013-06-11 11:27:42 GME buy $38.240 long
2013-06-11 11:27:42 GME buy $38.240 long
2013-06-11 11:27:42 GME buy $38.240 long
2013-06-11 15:33:38 GME sell $37.800 long
2013-06-11 15:33:38 GME sell $37.800 long
2013-06-11 15:33:38 GME sell $37.800 long
2013-06-11 15:33:38 GME sell $37.800 long
2013-06-11 15:33:38 GME sell $37.800 long
2013-06-11 15:33:38 GME sell $37.800 long
2013-06-11 15:33:38 GME sell $37.800 long
2013-06-11 15:33:38 GME sell $37.800 long
2013-06-11 15:33:38 GME sell $37.800 long
2013-06-11 15:33:38 GME sell $37.800 long
2013-06-11 15:33:38 GME sell $37.800 long
2013-06-11 15:33:38 GME sell $37.800 0


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