FRAN Trade on Jun 22, 2020 10:14 from eskimobob: Tradervue User Stock Trades.

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eskimobob

 

Poor risk management and emotional trading. Initially bought and sold upwards momentum, mid break-out.

Then bought into the second halt, influenced by Warrior Trading. This particular trade went well for a 7.9% profit - well timed exit.

I then tried to trade a dip or two unsuccessfully, ultimately being caught in a rip downwards. And I didn't sell immediately because I was a) hoping for a reversal and b) thought my max loss limit on CMEG would kick in and liquidate my position. However there was a misunderstanding and my limit was for realised losses, not unrealised. An expensive mistake and leading me to rethink my whole strategy.

2440 NSDQ ECN 1.56
2496 NSDQ ECN 1.56

= $56, 2.29% gain
$3.12 ECN fees, $5.9 comm
= $46.98

running p/l $46.98

1316 NSDQ ECN 0.78
1420 ARCA ECN 0.78

= $104, 7.90% gain
$1.56 ECN, $5.9 comm
= $96.54

running p/l $143.52

2139 ARCA ECN 1.17

1426 ARCA ECN -0.40
715.50 ARCA ECN -0.20

= -$2.50, 0.11% loss
ECN 1.17, $5.9 comm
= -$9.57
running p/l $133.95

2480 NSDQ ECN 1.56
2244 NSDQ ECN 1.56

= -$236, 9.51% loss
ECN $3.12, $5.9 comm
= -$245.02

final p/l $-111.07


Execution detail:

Date/time Symbol Side Price Position
2020-06-22 10:14:44 FRAN buy $6.100 long
2020-06-22 10:14:49 FRAN sell $6.240 0
2020-06-22 10:15:18 FRAN buy $6.580 long
2020-06-22 10:20:48 FRAN sell $7.100 0
2020-06-22 10:21:22 FRAN buy $7.130 long
2020-06-22 10:21:29 FRAN sell $7.130 long
2020-06-22 10:21:29 FRAN sell $7.155 0
2020-06-22 10:29:50 FRAN buy $6.200 long
2020-06-22 10:31:12 FRAN sell $5.610 0


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