TNXP Trade on Jan 14, 2014 10:17 from GingerSquid_BOWS: Tradervue User Stock Trades.

I really wanted to short this at 18 due to my strong gut feeling that the stock was about to tank, however, I did not really see a setup and would of had to have a loose stoploss so I waited and hit it on the bear-flag at 16.75. I sold all my shares at 16.03 because I hadn't figured out how to scale out in Prodigio yet; Thanks again Daranee S. for that help with the for mentioned problem.

I believe I hit this fairly well and was happy to beet my daily goal of $200 in 40min with my first trade!

Improvements:
1)Did not have my risk for the trade properly set and took 500 shares just because I felt like it. In the future I need to stick to my trading plan!
2)Scale out in 1/2s, which I now know how to do!

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-01-14 10:17:07	TNXP	sell	$16.710	short
2014-01-14 10:17:13	TNXP	sell	$16.740	short
2014-01-14 10:17:17	TNXP	sell	$16.800	short
2014-01-14 10:18:06	TNXP	sell	$16.710	short
2014-01-14 10:18:07	TNXP	sell	$16.751	short
2014-01-14 10:31:14	TNXP	buy	$16.030	short
2014-01-14 10:31:14	TNXP	buy	$16.030	short
2014-01-14 10:31:14	TNXP	buy	$16.030	short
2014-01-14 10:31:14	TNXP	buy	$16.030	short
2014-01-14 10:31:14	TNXP	buy	$16.030	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=TNXP&trade=787848&end=20140213&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=TNXP&trade=787848&end=20140114125614&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kt_mishra_BOWS

2014-01-14 22:37:25

I like it!!

oly_BOWS

2014-01-14 23:37:17

nice - and on this one scaling wouldn't have bought you much more

TNXP Trade on Jan 14, 2014 10:17 from GingerSquid_BOWS: Tradervue User Stock Trades.

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