Shared by
Buffalomutt22
Ugly trade. Learned not to trade stocks under $2 since that is my rule and I broke it today. I got a little greedy and wanted something to trade because no other stocks were working, so I jumped into this one.
No real logic for this trade. I got in for the break of 1.50 but it failed and started going down. I guess I read the momentum wrong (albeit, I was in a greedy state of mind) and I averaged down to have a better average for the rip up. I had a lot of buying power so I was fine buying more but did not work too well for this one. I got impatient and sold for a "small" loss in the end because I wanted to go trade SFET which put me WELL into the green today.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-03-10 09:52:39 | AYTU | buy | $1.495 | long |
| 2020-03-10 09:53:55 | AYTU | buy | $1.420 | long |
| 2020-03-10 09:58:09 | AYTU | buy | $1.335 | long |
| 2020-03-10 09:58:47 | AYTU | buy | $1.265 | long |
| 2020-03-10 10:04:31 | AYTU | buy | $1.115 | long |
| 2020-03-10 10:05:31 | AYTU | buy | $0.9465 | long |
| 2020-03-10 10:05:42 | AYTU | buy | $0.9425 | long |
| 2020-03-10 10:05:59 | AYTU | buy | $0.9405 | long |
| 2020-03-10 10:06:38 | AYTU | buy | $0.9445 | long |
| 2020-03-10 10:14:56 | AYTU | sell | $1.190 | long |
| 2020-03-10 10:16:23 | AYTU | sell | $1.100 | long |
| 2020-03-10 10:17:18 | AYTU | sell | $1.120 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!