MTC Trade on May 26, 2020 09:45 from _cup0fjoe: Tradervue User Stock Trades.

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_cup0fjoe

 

Honestly an unnecessary trade to begin with. The thing that really should have kept me away was the fact tht it was over 100% pm on earnings reported since Friday ah. My niche revolves around trading a stock with fresh news usually. And then it being over 100% pm meant it was more risky to play with. I could have minimized the trade as my intuition told me tht MTC was dropping. The price action (jumping down and up a few cents quickly) was telling me to cut losses quickly, but instead I held my welcome. Also the 2-min bar candles never even reached the 1M mark which meant it wasn't trading heavy volume despite it being up pm. Also I did my DD, but did not write it down & I know writing it down just gives me more conviction as I have a trading plan staring me in the face.


Execution detail:

Date/time Symbol Side Price Position
2020-05-26 09:45:13 MTC buy $2.470 long
2020-05-26 09:47:41 MTC sell $2.230 0


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