SE Trade on Mar 6, 2019 09:38 from ValeriuMoraru: Tradervue User Stock Trades.

Initial Comment:

I so it that it was really weak on the tape so i took advantage and got short. It never tested the 23 so i was confident that it had good chances of getting down if the bid had dropped. It didn't and immediately after it fail to break 23 it bounced 12c.

Proper Prep:

I'm watching this stock from Monday, so i knew how it behave, also read the news on it.

Hard Work:

I watched trade into the premarket and it was dropping pretty badly so that's why i was watching for a place to get short. I so that 23.10 until then it had never been tested so i decided to get short as soon as i so it break.

At 23 it had done a ton of volume and the bid never dropped. So when i so it was bouncing back up i got out immediately.

Patience:

I was patient to not force this trade and let it develop. Unfortunately it didn't work and i got out.

Detailed Plan:

My plan was to get short near 23.10$, if it break the 23.10 get out immediately, if it bonce get out and if it break the 23$ exit at 72c or lower, or if it slow down immediately after the break down at into the 80c area.

Discipline:

I covered immediately as soon as i so it was bouncing. I had a detailed plan.

Contribution:

NON

Reviewing:

This trade is a good trade (for me) it didn't work out as i was expecting, but it was fun because i made a good trade and learned something new, even if i lost money on it.