Was one of the biggest % gainers; had news related to Coronavirus & its morning spike told me it might have potential to respike especially since its float of 11.7M was overwhelemed by intraday volume of 56M; I waited on the trade for nearly 40mins; had the chance to get out around 1.30, but either way it wasn't going to be a big winner, just a scratch. The best thing I did in this trade was respect my risk of when it reached 1.20; my goal was to get out once it broke 1.40 so i was risking 4 cents to make 16 cents; 4:1 r/r
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-03-30 13:50:37 | SPCB | buy | $1.240 | long |
2020-03-30 14:33:32 | SPCB | sell | $1.210 | 0 |
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