TOL Trade on Dec 4, 2018 09:34 from math_psycho: Tradervue User Stock Trades.

News: Shares of home builders took a broad beating Tuesday, after luxury builder Toll Brothers Inc. confirmed investors’ fears by saying it witnessed the housing market “soften further” in November, especially in California, because of reduced affordability and fewer foreign buyers.

In addition to rising interest rates and “significant” price appreciation the past few years giving buyers reason for pause, Toll Brothers TOL, -0.18% also blamed “well-publicized reports” of a housing slowdown for having a negative impact on buyer sentiment.

Risk management notes: Shorted the downtrend on what seemed to be interpreted as negative news by the market. Added x2 position as lower price which is contrary to trading plan. Loss was within parameters and overall C risk.