MU Trade on Feb 27, 2020 10:10 from redyar_live: Tradervue User Stock Trades.

I was bearish as the market was about to trade lower. There was a level at about 50$ where MU looked like it wanted to break it.
The first time I entered was way too early.
I wanted to get in as soon as the breakout was happening. It wasnt unfortunately.
Got stopped out at my initial stop loss.

The second time I entered at the same price with stop loss above VWAP.
Again, I wanted to enter after the pop but I failed.
Should have used a range order..

The stock began to trade into my direction but there was not much volume (I did not notice that initially). It got quickly brought back and then struggled to sell off which is why I exited at break even as I had no confident in the trade anymore.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-02-27 10:10:25	MU	sell	$50.190	short
2020-02-27 10:10:25	MU	sell	$50.190	short
2020-02-27 10:13:16	MU	buy	$50.510	0
2020-02-27 10:20:38	MU	sell	$50.185	short
2020-02-27 10:27:44	MU	buy	$50.220	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MU&trade=13097074&end=20200227105144&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MU&trade=13097074&end=20200227125244&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MU&trade=13097074&end=20200227160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=MU&trade=13097074&end=20200227160000&i=m60&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

MU Trade on Feb 27, 2020 10:10 from redyar_live: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax