WISA Trade on Jun 3, 2020 10:07 from _cup0fjoe: Tradervue User Stock Trades.

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_cup0fjoe

 

Re entered because as I sold it was uptrending and with a double bottom forming as possible VWAP breakout was possible. AGAIN I got caught in my head of the potential profit that I decided to use 1/2 size and impulsively added another 1/2. So now I was sitting with full size with the hopes of a VWAP breakout without a define risk lvl. My risk lvl was if it goes against me. And of course the stock went against me and I froze like a deer in headlights because I knew I was already red, not just on the trade, but on the day as well. I turned a green day into a red day.

Very eye opening what I am seeing in my trading. Whenever I get in again after a win with a cushion I always give some or all those gains back. From now on when I get a good trade in the morning, doesn't matter the PnL (# wise), I will just sign out my IB account to prevent myself from reentering. I will however keep watching price action along with level 2 and the tape to get better, but I won't enter again.


Execution detail:

Date/time Symbol Side Price Position
2020-06-03 10:07:00 WISA buy $3.480 long
2020-06-03 10:08:39 WISA buy $3.450 long
2020-06-03 10:10:50 WISA sell $3.320 0


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