Really bored and watching the stock market overall. Nothing really pope my attention to long. Had BYND on my watchlist at it was a crazy IPO. Saw a positive headline and a breakover VWAP. Knew that this was farrrr from my niche. Went with tiny size, but enough to cover commissions at least. Got over $1/share. Went with my risk lvl at 130 and potential reward 135/136. I was happy with my PnL for the day so decided to take my small single and not risk going red or losing those gains, esp. since this was just a a random trade. Although I wouldn't say completely random because I wanted to test the waters on these >1B mkt cap stocks. It'd be a new branch that I'd like to test....incase small cap die, which is bound to happen sometime in the future.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-05-08 14:37:34 | BYND | buy | $131.460 | long |
2020-05-08 14:45:23 | BYND | sell | $132.700 | 0 |
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