HTZ Trade on Jun 12, 2020 08:31 from Saisxyo: Tradervue User Stock Trades.

Gravatar

Shared by
Saisxyo

 

Bought on a dip bounce, aim for 3.51 with risk @ 3.35. What I did wrong was chasing the stock after it bounces. My buy was 0.2-0.3 away from the bounce. It dip below 3.35 so I sold for small loss.

Bought as it bounce 2.99. I risk 2.95 and aim for 3.51. Once the price broke 3.10, I adjust my risk to 3.05, then 2.10, 3.15, 3.20, 3.30, 3.35, and 3.40 every 0.5 increased of the price to take profits. @ 3.35, it dipped to 3.33, I was going to sold but wasn't fill so cancel my order. It then bounced back ro 3.35 and higher. It hit 3.51 but fail to b/o. I sold all of my shares. It later dropped back to 3.33 then lower.

Rebought on the Bounce off of VWAP. Risking VWAP @ 3.22. Once 3.22 broke, I sold. I was aiming for it to come back to 3.50. Shouldn't have enter this trade. The stock later dropped below 3.20. It did make another bounce near 3 and back up to 3.20 but never break VWAP.


Execution detail:

Date/time Symbol Side Price Position
2020-06-12 08:31:39 HTZ buy $3.390 long
2020-06-12 08:32:13 HTZ sell $3.330 0
2020-06-12 08:35:31 HTZ buy $3.000 long
2020-06-12 08:40:55 HTZ sell $3.420 0
2020-06-12 08:43:20 HTZ buy $3.245 long
2020-06-12 08:45:59 HTZ sell $3.205 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in