ROKU Trade on Feb 27, 2020 09:31 from TheDumo27: Tradervue User Stock Trades.

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TheDumo27

 

I was VERY VERY impatient on this trade and was looking for the continued breakdown of the market and with ROKU not dying as much as some of the other names premarket i assumed there was more meat on the bone and wanted to catch the move from the beginning. I entered at 106 looking for the break. It instantly bounced and went against me for me to stubbornly hold it the entire move above 110. I was most likely down 3/4 of the overall position at one point. Only because of the current market conditions was i able to scrape a small loss out of this instead of a large one as it came back towards my entry. HORRIBLE HORRIBLE PATIENCE AND DISCIPLINE.

Entry: F-
Very impatient, impulsive, greedy, and FOMO feeling.

Exit: F-
Stubbornly held for far too long. I should have exited as soon as it broke 107 at worst case which was just above opening price. Lucky to get out with a small loss

Emotions: F-
Slight fomo and greed on wanting to make money and catch the move. Was stubborn in my trade thoughts and held thinking it HAS to go down. It doesnt HAVE to do anything. The stock will do whatever the overall buyers and sellers tell it to regardless of my plan (however horrible and impulsive it may be). This has bit me many times in the past and i need to put this type of approach in the trash and burn it. Very soon. Like yesterday.


Execution detail:

Date/time Symbol Side Price Position
2020-02-27 09:31:49 FEB28 20 105 PUT buy $2.520 long
2020-02-27 10:20:08 FEB28 20 105 PUT sell $2.050 0


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