Plan&Execution $DVAX

Trading Plan for 12-dec-2014:
No plan


Trade Execution on 12-dec-2014:

Markets:

 

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.

Lesson learned:
First research before jumping in with both feet.

Chart:

 

 

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