Shared by
ckz8780
Definition of overtrading right here. The first entry was the only one that ever had any kind of a setup. I thought it would break $10 and continue on up but it was just too extended and I should have just left it alone after that. Six trades later I was in tilt mode and wasn't even trading setups anymore. Don't do this, it always ends in disaster, as you can see. None of these losses were really that big, just terrible management and repeated losses added up to a huge impact. Interesting you can see that my losses became larger the more I lost, indicating that I was getting more and more aggressive and more and more careless.
300/200/300/500/500/500 shares
-$762.20 total (-3.05%, -2.61%, -3.88%, +2.69%, -5.43%, -6.73%)
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-08-05 10:04:26 | STXS | buy | $9.940 | long |
| 2013-08-05 10:08:50 | STXS | sell | $9.650 | 0 |
| 2013-08-05 10:14:42 | STXS | buy | $9.820 | long |
| 2013-08-05 10:21:01 | STXS | sell | $9.570 | 0 |
| 2013-08-05 10:29:41 | STXS | buy | $9.650 | long |
| 2013-08-05 10:32:10 | STXS | sell | $9.290 | 0 |
| 2013-08-05 11:28:02 | STXS | buy | $9.650 | long |
| 2013-08-05 11:34:19 | STXS | sell | $9.910 | long |
| 2013-08-05 11:39:49 | STXS | sell | $9.650 | 0 |
| 2013-08-05 11:46:23 | STXS | buy | $9.700 | long |
| 2013-08-05 12:21:14 | STXS | sell | $9.200 | 0 |
| 2013-08-05 14:06:34 | STXS | buy | $10.150 | long |
| 2013-08-05 14:35:49 | STXS | sell | $9.511 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!