CME Trade on Jun 18, 2013 10:19 from J2WS: Tradervue User Stock Trades.

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Shared by
J2WS

 

Trade Idea can be found

here
.

http://www.youtube.com/watch?v=N5kA_Oe-SPM

  • Did I follow my risk guidelines?

After discussing this trader further with my mentor, I didn't follow any risk guidelines. He asked me what was my target before entering the trade. I could not answer, all I said was I wanted to be long because it looks strong on the daily. His response was how can you justify your R v R if you have only half the equation? Very good point indeed.

  • Did I correctly use a feeler?

Yes, I got in small initially before the pattern really started and was able to add size on the break and the pull back following the break.

  • Was I in the correct amount of size?

This is tough to answer since I can't say yes I was sized correctly if I don't know the R v R.

  • How many times did I chase the trade?

I did not chase the trade. In fact, I didn't do anything with this trade. I failed on my executions but I thought I had great entries.

I should have crushed this trade. Perhaps my early morning loss in a swing caused me to get off my game. Check my blog post for further details on this trade and the opportunity cost I lost out on had I traded this like every other time I take a trade like this.


Execution detail:

Date/time Symbol Side Price Position
2013-06-18 10:19:44 CME buy $76.560 long
2013-06-18 10:30:50 CME buy $76.640 long
2013-06-18 10:30:56 CME buy $76.660 long
2013-06-18 10:58:35 CME buy $76.770 long
2013-06-18 12:15:58 CME buy $77.160 long
2013-06-18 12:15:58 CME buy $77.160 long
2013-06-18 12:16:03 CME buy $77.180 long
2013-06-18 15:42:45 CME sell $77.270 long
2013-06-18 15:42:45 CME sell $77.260 long
2013-06-18 15:42:45 CME sell $77.260 long
2013-06-18 15:42:45 CME sell $77.260 long
2013-06-18 15:42:45 CME sell $77.250 long
2013-06-18 15:42:45 CME sell $77.250 long
2013-06-18 15:42:45 CME sell $77.250 long
2013-06-18 15:42:45 CME sell $77.250 long
2013-06-18 15:42:45 CME sell $77.250 long
2013-06-18 15:42:45 CME sell $77.250 0


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