SMAR Trade on Mar 20, 2019 09:38 from MarcoG: Tradervue User Stock Trades.

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MarcoG

Set-up : 10min ORB
Symbol Name: SMAR
Side : Short
Size : 5
Entry : 46.92
Takes :
Exit :
P/R :

Comments: Entered in anticipation of the 10 min ORB. I think this scenario is the same from 2 days ago. A stock already over extended. I am for the purpose now using a useful indicator by my mentor that will help me in spotting overextended stocks. When ema and VWAP are too far the indicator will show such divergence helping me avoiding such stocks. In addition SMAR was a second IPO so I should have avoided it. I will in the future.
The reason why I have closed the position it's due to the fact that after more then 30 minutes in the stock was just going horizontally. This is not the kind of situation we wanna be in!!!

05/13/2019
3min ORB below 48.4 it would have taken a while but this could have been a nice trade!

14/08/19
I wanna cry!!!

Execution detail:

Date/time	Symbol	Side	Price	Position
2019-03-20 09:38:15	SMAR	sell	$46.920	short
2019-03-20 10:25:40	SMAR	buy	$46.920	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SMAR&trade=10150924&end=20190320103940&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SMAR&trade=10150924&end=20190320114040&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SMAR&trade=10150924&end=20190320160000&i=m10&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=SMAR&trade=10150924&end=20190419&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

SMAR Trade on Mar 20, 2019 09:38 from MarcoG: Tradervue User Stock Trades.

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