WAFU Trade on Jun 11, 2020 09:39 from dpaleo: Tradervue User Stock Trades.

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Shared by
dpaleo

 

Shares traded: 21000
Closed Gross P&L: $-13288.59

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Fade

obvious seller around $12 first 10 mins. Great entry on 4th failed attempt - big stuff by sellers. But I got too comfortable - let my opinion this was an obvious manipulation of micro float Chinese name, which was theme end of week, trump fact it was day 1 and float was just above 1mm shares so only takes 1 person to ramp this up my a$$ which "they" obviously did. Added some back into initial pop to vwap and $10 level. It broke above and hit partial stop; here is where u see my opinion get in way of objectivity; i was so quick to re-add without then putting stop-all in. Next thing i know its at highs into circuit breaker. Good defense on re-open to lighten up some. At that point i'm thinking its going to run premkt high $15.50 so i m layering offers above. It wicks off/fails $15 so add little more and watch price action carefully. For next 15min buyers in control as it flags bouncing off that $12 level and gets tighter. Now i'm convinced its resting for that run at $15.50 so i start scaling out (decided to cover all) to minimize loss and let myself trade that next spike objectively. It then makes its next run at $15 and gets rejected 4 times with big stuff on last attempt and I re-enter (see next trade).


Execution detail:

Date/time Symbol Qty Price Position
2020-06-11 09:39:23 WAFU -40 $11.320 -40
2020-06-11 09:39:23 WAFU -200 $11.320 -240
2020-06-11 09:39:24 WAFU -51 $11.320 -291
2020-06-11 09:39:24 WAFU -49 $11.320 -340
2020-06-11 09:39:24 WAFU -100 $11.320 -440
2020-06-11 09:39:29 WAFU -92 $10.500 -532
2020-06-11 09:39:29 WAFU -31 $10.510 -563
2020-06-11 09:39:29 WAFU -20 $10.500 -583
2020-06-11 09:39:29 WAFU -39 $10.500 -622
2020-06-11 09:39:29 WAFU -500 $10.500 -1122
2020-06-11 09:39:29 WAFU -50 $10.500 -1172
2020-06-11 09:39:29 WAFU -3 $10.500 -1175
2020-06-11 09:39:29 WAFU -200 $10.500 -1375
2020-06-11 09:39:29 WAFU -20 $10.500 -1395
2020-06-11 09:39:29 WAFU -100 $10.500 -1495
2020-06-11 09:39:29 WAFU -200 $10.500 -1695
2020-06-11 09:39:29 WAFU -583 $10.500 -2278
2020-06-11 09:39:29 WAFU -162 $10.500 -2440
2020-06-11 09:40:10 WAFU -100 $10.330 -2540
2020-06-11 09:40:10 WAFU -100 $10.380 -2640
2020-06-11 09:40:10 WAFU -474 $10.310 -3114
2020-06-11 09:40:10 WAFU -1 $10.380 -3115
2020-06-11 09:40:10 WAFU -200 $10.310 -3315
2020-06-11 09:40:10 WAFU -584 $10.390 -3899
2020-06-11 09:40:10 WAFU -40 $10.350 -3939
2020-06-11 09:40:10 WAFU -53 $10.350 -3992
2020-06-11 09:40:10 WAFU -100 $10.330 -4092
2020-06-11 09:40:10 WAFU -100 $10.340 -4192
2020-06-11 09:40:10 WAFU -100 $10.330 -4292
2020-06-11 09:40:10 WAFU -100 $10.340 -4392
2020-06-11 09:40:10 WAFU -2 $10.330 -4394
2020-06-11 09:40:10 WAFU -5 $10.320 -4399
2020-06-11 09:40:10 WAFU -41 $10.320 -4440
2020-06-11 09:40:13 WAFU -1000 $9.990 -5440
2020-06-11 09:40:30 WAFU -100 $9.900 -5540
2020-06-11 09:40:30 WAFU -100 $9.900 -5640
2020-06-11 09:40:30 WAFU -158 $9.900 -5798
2020-06-11 09:40:30 WAFU -2 $9.900 -5800
2020-06-11 09:40:30 WAFU -100 $9.900 -5900
2020-06-11 09:40:30 WAFU -100 $9.890 -6000
2020-06-11 09:45:29 WAFU 100 $8.910 -5900
2020-06-11 09:45:29 WAFU 300 $8.910 -5600
2020-06-11 09:45:29 WAFU 100 $8.910 -5500
2020-06-11 09:48:25 WAFU 500 $9.800 -5000
2020-06-11 09:56:45 WAFU -500 $8.970 -5500
2020-06-11 09:58:50 WAFU -200 $8.300 -5700
2020-06-11 09:58:50 WAFU -100 $8.310 -5800
2020-06-11 09:58:50 WAFU -67 $8.270 -5867
2020-06-11 09:58:50 WAFU -100 $8.280 -5967
2020-06-11 09:58:50 WAFU -33 $8.250 -6000
2020-06-11 10:04:18 WAFU 100 $7.710 -5900
2020-06-11 10:04:18 WAFU 200 $7.730 -5700
2020-06-11 10:04:18 WAFU 100 $7.730 -5600
2020-06-11 10:04:18 WAFU 100 $7.740 -5500
2020-06-11 10:18:27 WAFU -21 $9.780 -5521
2020-06-11 10:18:27 WAFU -100 $9.780 -5621
2020-06-11 10:18:27 WAFU -79 $9.780 -5700
2020-06-11 10:18:27 WAFU -221 $9.780 -5921
2020-06-11 10:18:27 WAFU -79 $9.780 -6000
2020-06-11 10:21:21 WAFU 9 $10.700 -5991
2020-06-11 10:21:21 WAFU 5 $10.700 -5986
2020-06-11 10:21:21 WAFU 11 $10.670 -5975
2020-06-11 10:21:21 WAFU 89 $10.690 -5886
2020-06-11 10:21:21 WAFU 500 $10.710 -5386
2020-06-11 10:21:21 WAFU 11 $10.680 -5375
2020-06-11 10:21:21 WAFU 5 $10.700 -5370
2020-06-11 10:21:21 WAFU 50 $10.750 -5320
2020-06-11 10:21:21 WAFU 50 $10.750 -5270
2020-06-11 10:21:21 WAFU 1670 $10.750 -3600
2020-06-11 10:21:21 WAFU 200 $10.750 -3400
2020-06-11 10:21:21 WAFU 330 $10.750 -3070
2020-06-11 10:21:21 WAFU 70 $10.780 -3000
2020-06-11 10:21:50 WAFU -100 $11.190 -3100
2020-06-11 10:21:50 WAFU -484 $11.190 -3584
2020-06-11 10:21:50 WAFU -100 $11.190 -3684
2020-06-11 10:21:50 WAFU -100 $11.190 -3784
2020-06-11 10:21:50 WAFU -100 $11.190 -3884
2020-06-11 10:21:50 WAFU -65 $11.190 -3949
2020-06-11 10:21:51 WAFU -35 $11.190 -3984
2020-06-11 10:21:51 WAFU -16 $11.190 -4000
2020-06-11 10:22:13 WAFU -100 $10.740 -4100
2020-06-11 10:22:13 WAFU -100 $10.740 -4200
2020-06-11 10:22:13 WAFU -100 $10.740 -4300
2020-06-11 10:22:13 WAFU -100 $10.740 -4400
2020-06-11 10:22:13 WAFU -100 $10.740 -4500
2020-06-11 10:22:13 WAFU -100 $10.740 -4600
2020-06-11 10:22:13 WAFU -100 $10.740 -4700
2020-06-11 10:22:13 WAFU -100 $10.740 -4800
2020-06-11 10:22:13 WAFU -100 $10.740 -4900
2020-06-11 10:22:14 WAFU -100 $10.740 -5000
2020-06-11 10:28:17 WAFU 1000 $12.000 -4000
2020-06-11 10:29:02 WAFU -100 $13.840 -4100
2020-06-11 10:29:02 WAFU -15 $13.840 -4115
2020-06-11 10:29:02 WAFU -100 $13.850 -4215
2020-06-11 10:29:02 WAFU -200 $13.860 -4415
2020-06-11 10:29:02 WAFU -200 $13.820 -4615
2020-06-11 10:29:02 WAFU -100 $13.840 -4715
2020-06-11 10:29:02 WAFU -85 $13.840 -4800
2020-06-11 10:29:02 WAFU -100 $13.830 -4900
2020-06-11 10:29:02 WAFU -100 $13.830 -5000
2020-06-11 10:34:12 WAFU 100 $13.230 -4900
2020-06-11 10:34:12 WAFU 107 $13.260 -4793
2020-06-11 10:34:12 WAFU 400 $13.240 -4393
2020-06-11 10:34:12 WAFU 300 $13.230 -4093
2020-06-11 10:34:12 WAFU 89 $13.230 -4004
2020-06-11 10:34:12 WAFU 100 $13.250 -3904
2020-06-11 10:34:12 WAFU 6 $13.250 -3898
2020-06-11 10:34:12 WAFU 200 $13.250 -3698
2020-06-11 10:34:12 WAFU 100 $13.250 -3598
2020-06-11 10:34:12 WAFU 400 $13.250 -3198
2020-06-11 10:34:12 WAFU 100 $13.260 -3098
2020-06-11 10:34:12 WAFU 98 $13.260 -3000
2020-06-11 10:35:04 WAFU 1000 $14.100 -2000
2020-06-11 10:37:08 WAFU 100 $12.860 -1900
2020-06-11 10:37:08 WAFU 100 $12.860 -1800
2020-06-11 10:37:08 WAFU 300 $12.860 -1500
2020-06-11 10:37:30 WAFU 35 $13.820 -1465
2020-06-11 10:37:30 WAFU 38 $13.800 -1427
2020-06-11 10:37:30 WAFU 100 $13.780 -1327
2020-06-11 10:37:30 WAFU 3 $13.860 -1324
2020-06-11 10:37:30 WAFU 200 $13.830 -1124
2020-06-11 10:37:30 WAFU 124 $13.810 -1000
2020-06-11 10:39:58 WAFU 50 $13.160 -950
2020-06-11 10:39:58 WAFU 200 $13.140 -750
2020-06-11 10:39:58 WAFU 250 $13.150 -500
2020-06-11 10:40:10 WAFU 500 $13.680 0


Comments

2020-06-14 20:46:01
 

Relieved (I guess?) to see that even seasoned traders got burned on this one, like I did. I was up but then stuffed up right at the end.

2020-06-15 07:42:22
 

everyone gets burned in this game. I get burned a lot on low price, low float names a lot. Only thing we can do is try and learn from it and be a little better the next time a similar trade comes around.

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