GERN Trade on Jun 12, 2014 11:51 from Avi_BOWS: Tradervue User Stock Trades.

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Avi_BOWS

 

This was a nice call by Kunal. He saw that the stock was fading and waited for it to slip under it's MA's and then shorted it. Took a little time to develop but it made a nice run down. I nailed the selling of it. Selling half at it's first 5 minute candle pop, then selling out the rest pretty close to it's LOD.
One other note, I think this position sizing was pretty damn good if it were a live trade. My risk tolerance was pretty good with this, being my stop at it's highest was 3.39, a $48 loss. My profit on this trade was $99, so pretty much 2:1 R/R.
Note- I mistakenly shorting an additional 300, meaning to cover my position instead at the end. I've done this a few times, I think once I make this mistake enough I'll be more conscious of it and will be less prone to do it.


Execution detail:

Date/time Symbol Side Price Position
2014-06-12 11:51:21 GERN sell $3.310 short
2014-06-12 12:57:41 GERN buy $3.190 short
2014-06-12 13:33:04 GERN sell $3.080 short
2014-06-12 13:33:14 GERN buy $3.090 short
2014-06-12 13:33:20 GERN buy $3.090 0


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