-$117 Loss
VRXLong Stock
NicheTrades

Worst trade of the past 2 months.Good stock pick, since it was Day 4 of the down move. However, i had a clear plan to enter on a gap down to $84 level and grind up action.Instead,i chased the stock after it gapped up big.Main clue was that $IBB was up 11 pts from the previous day's close (& 16 pts from 3:30PM prev day) at my first entry point.Worse i kept adding and built up a nearly $22K position all breaking my plan.This trade will help me with trading Day 4 Long's on washouts in the future.

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Broker:Schwab
DatePrice
Entry1/12/201688.25
Exit1/12/201687.261
  • Total Views106
  • Position Size100
  • Percentage-1.12%
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