VXRT Trade on Mar 17, 2020 10:28 from beno: Tradervue User Stock Trades.

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beno

Fundamentals

N/a

Catalysts / News / Painting the picture

-Coronavirus sympathy
-$10m ATM on Monday March 2 2020

Technical Analysis

-Intraday pattern: Runner
-Levels: 1.50, 1.80, 2.00

Original Plan / Strategy

First test long of 1.70 level with stop below 1.60

Review

This trade simply didn't work out and I followed my stop. I should have simply put a hard stop at 1.59, would have saved my 2 cents

Lessons Learned: If you noticed continued weakness / strength after your fully sized into a trade, placed a hard stop below the last wick / pivot point!

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-03-17 10:28:29	VXRT	buy	$1.720	long
2020-03-17 10:28:46	VXRT	buy	$1.700	long
2020-03-17 10:28:53	VXRT	buy	$1.680	long
2020-03-17 10:29:53	VXRT	buy	$1.660	long
2020-03-17 10:34:19	VXRT	sell	$1.570	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=VXRT&trade=13372034&end=20200317110219&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=VXRT&trade=13372034&end=20200317120119&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=VXRT&trade=13372034&end=20200317160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=VXRT&trade=13372034&end=20200416&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}