NVAX Trade on Feb 26, 2020 09:56 from Buffalomutt22: Tradervue User Stock Trades.

This was a serious, account and career breaking mistake! I misread momentum and was completely off my game. I shorted at resistance even though I wanted to get long. I was expecting no break through $10 but I did not realize how much resistance was there and the stock surged up an entire dollar. Thankfully it came back down and I was able to exit with profit.

I usually do not short, this is why... Today, there were at least 3 different stock that showed whole dollar breakout setups so I should have caught on sooner and been long. Overall, very good learning experience. Not upset.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-02-26 09:56:27	NVAX	sell	$9.950	short
2020-02-26 09:56:56	NVAX	sell	$10.290	short
2020-02-26 10:05:55	NVAX	buy	$10.070	short
2020-02-26 10:06:34	NVAX	buy	$10.060	short
2020-02-26 10:06:45	NVAX	buy	$10.050	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NVAX&trade=13085676&end=20200226103345&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NVAX&trade=13085676&end=20200226123145&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NVAX&trade=13085676&end=20200327&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

NVAX Trade on Feb 26, 2020 09:56 from Buffalomutt22: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax