OVTI Trade on Jun 18, 2013 10:16 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=gNcWfoDRMjY

  • 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 had 21.10 as a target but that was a swing target. I did not have a Day Trade target for this. So it's tough to gauge if I followed my risk guidelines even though it "felt" like I did.

  • Did I correctly use a feeler?

No, I did not use a feeler because my initial position was on the Pull Back.

  • 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 10:16:04 OVTI buy $19.810 long
2013-06-18 10:16:04 OVTI buy $19.810 long
2013-06-18 10:16:04 OVTI buy $19.810 long
2013-06-18 10:16:04 OVTI buy $19.810 long
2013-06-18 10:16:04 OVTI buy $19.810 long
2013-06-18 10:30:35 OVTI buy $19.920 long
2013-06-18 15:55:18 OVTI sell $20.250 0


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