LYFT Trade on May 7, 2020 10:02 from R2D2: Tradervue User Stock Trades.

Shared by
R2D2

The opening price opened between support and resistance just about evenly. The break of resistance and the retest of yesterday's aftermarket high with volume made me look for long entry.
I missed the initial 1min vwap pullback after the 5min ORB, I did not feel so confident from 2 losing trades. FOMO in effect and chased in with a passive order. I ended up being stopped out.
Risk Management was moderate since I did give in to FOMO.
The lesson to be learned is to be more patient and have more conviction in my trading process.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-05-07 10:02:25	LYFT	buy	$31.300	long
2020-05-07 10:10:59	LYFT	sell	$31.100	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=LYFT&trade=14491526&end=20200507103759&i=m1&TimeRange=90&Volume=1&ChartType=ohlc&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=LYFT&trade=14491526&end=20200507123559&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=LYFT&trade=14491526&end=20200507160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=LYFT&trade=14491526&end=20200507160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

LYFT Trade on May 7, 2020 10:02 from R2D2: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax