CCL Trade on Jun 19, 2020 09:49 from CapitalMastery: Tradervue User Stock Trades.

Summary

Was a bit late as I was in the WORK and DKNG positions, but very clear down trend off the open, which offered a clear entry point. Took my profits at VWAP as CCL hasn't been very strong lately. I wouldn't have gotten much more out of it anyways. The cruiselines crashed later in the day when they announced reopening until Sept.

Did Right

• Took a solid trade that matched my setup
• Stayed cognizant of the weakness in the stock, and the market, and took my profits at VWAP since that's a common failure area for weak stocks.
• Kept my sizing in check, which made this a fairly stress free trade.

Did Wrong

• Was a bit late on this, and so maybe should avoid next time as they're not going to be big trades. At least on weak stocks.

Improvements

• Maybe avoid chasing weaker stocks, as entry price matters even more on these; typically not a lot of meat on the bones.