Trading Plan for 12-dec-2014:
Trade Execution on 12-dec-2014:
Trade 1 DVAX:
LONG Dvax pre market on news that Cowen raised Price target from 6 to 60 with remarks that DVAX is extremely undervalued. Without any research I bought in at the offer premarket of 17$. Terrible execution. After 2 minutes research I decided to get out asap. Target raise due to RS …1 for 10. Definitly worse trade of the year.
First research before jumping in with both feet.
Trading Plan for 11 dec:
Trade Execution on 11dec:
ss entry 18.37 based on double top, market down. Put in another ss at 19.27 just above double top to average. But that one did not fill. Put in a bid at 17.16. It only went to 17.22 so did not full unfortunately and price eventually spiked through 18 towards 19. In that spike I managed to get out at 18,17 ish. Small profit.
When the price went down and almost hit my bid the first time and bounced I was tempted to raise my bid to 17.30. Also because less than 30 minutes to trade. However I was stubborn and did not raise it. So I was forced to cover higher and lucky to be not down on the day for this particular trade.