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 |
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