DFFN Trade on Apr 27, 2020 09:43 from _cup0fjoe: Tradervue User Stock Trades.

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_cup0fjoe

 

from my pm WL; news on small cap, but no low float; knew it was a fav gap up short play for short sellers as it had heavy resistance (124M); knew shorts will try and attack which is what made me go smaller on size; had I had the wrong mentality and thinking only about the potential rewards/gains and not the risk I would have gone in which 300-500 shares as it was under a $1 stock; as it broke my risk I sold half and once it was just showing lots of sell order I decided to cut losses completely and sold my other half left. This just reinforces the fact that I should stick to my pattern and not justify entering a similar setup that's missing a criteria(in this case, a low-float). I did excellent respecting risk and feel okay, not drained mentally on this lost.


Execution detail:

Date/time Symbol Side Price Position
2020-04-27 09:43:05 DFFN buy $0.6150 long
2020-04-27 09:55:48 DFFN sell $0.5680 long
2020-04-27 09:56:15 DFFN sell $0.5530 0


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