PING Trade on Sep 19, 2019 11:03 from jakerock25: Tradervue User Stock Trades.

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jakerock25

 

1) Buying breakout in PING with way too much room...did I give it enough room? Definitely...but this trade was probably not worth risking 20% of my downside (30% once slippage played into it!!!)
I chose .69 as my stop since it wicked down to .70 before returning to 19. There was a large offer at 19 but it kept holding. The breakout looking imminent but it just kept going low offer then flushing lower.

2) I saw a large bid at 18.50 which gave me a level to risk against. Took PING long on the offer at the best price I could (18.69) with a stop at .49. Even with slippage, only risking about 10-15% of my downside on this one. It was very strong once it broke 19.00 and I took some off in case it pulled back to 19.00 before testing 19.50. I got greedy and instead of taking more off or adjusting my stop to lock in profits, I let this come all the way back to my entry basically.


Execution detail:

Date/time Symbol Side Price Position
2019-09-19 11:03:15 PING buy $18.980 long
2019-09-19 11:05:46 PING sell $18.620 0
2019-09-19 11:06:54 PING buy $18.690 long
2019-09-19 11:18:55 PING sell $19.350 long
2019-09-19 11:31:13 PING sell $18.840 long
2019-09-19 11:44:32 PING sell $18.830 0


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