CMG Trade on Dec 10, 2015 10:30 from ToqueX: Tradervue User Stock Trades.

Shared by:
ToqueX

Grade=D
P/L= -1R

Entry: short the rollover (misinterpreted). There wasn't a lower high put in.

Result: Stopped out. I was biased by the e-coli news on Chipotle and was looking for downside momentum to kick in. I should have waited for a proper setup (which wouldn't have come).

Lesson: When shorting, wait for setup. I was over-anticipating a VWAP crack right at my entry and I also was too tied to the idea that things would roll over.

Execution detail:

Date/time Symbol Side Price Position

2015-12-10 10:30:15 CMG sell $572.880 short

2015-12-10 10:51:02 CMG buy $575.820 0

Date/time	Symbol	Side	Price	Position
2015-12-10 10:30:15	CMG	sell	$572.880	short
2015-12-10 10:51:02	CMG	buy	$575.820	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CMG&trade=4046994&end=20160109&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CMG&trade=4046994&end=20151210160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CMG&trade=4046994&end=20151210131602&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=CMG&trade=4046994&end=20151210111402&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

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CMG Trade on Dec 10, 2015 10:30 from ToqueX: Tradervue User Stock Trades.

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