APOP Trade on May 11, 2020 09:35 from _cup0fjoe: Tradervue User Stock Trades.

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_cup0fjoe

 

1st entry of the day on APOP....entered compulsively out of FOMO the potential short squeeze. Yeah it might have worked, but my risk was too much. One, I am chasing strength not buying dips/weakness. Two, its such a low-float that a hard pullback is possible and the 1st hard pullback at the open from 5.25 to 4.75 should have been a warning. Once that massive pullback occurred right as I bought I sold because of fear. The short squeeze was not likely to happen because of all the longs who bought right at the open would sell into a bounce for breakeven. Luckily I stuck to my risk as well as small size. Had I not written I would start with small size....this loss would have been doubled.

HINDSIGHT 5/16/20: CHASING. TRADING BEFORE 9:45.


Execution detail:

Date/time Symbol Side Price Position
2020-05-11 09:35:28 APOP buy $5.080 long
2020-05-11 09:35:55 APOP sell $4.680 0


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