QLGN Trade on Jul 1, 2020 10:33 from WuManChu: Tradervue User Stock Trades.

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WuManChu

 

Pretty easily established fader from the market open, but went in distracted and lacking confidence in the idea, which is something I've been fighting on paper for a while.

Took a really small feeler entry when I kept seeing the pullbacks, thinking it might break down that time. The squeeze back to 6.20 was something I kept telling myself to size into since with my initial entry my unrealized loss barely hit double digits, but didn't have the guts to pull the trigger.

When it finally came back down, I sized in to half, then again later to 100, but was foolishly using market orders instead of limits, and got a second entry at 5.28 when I input it around the 5.40s.

Had to leave for work after 8:40 and couldn't watch it anymore, so I set R:R to 1:3, had it scrape over it during the last small rip over 5.60. Thesis correct but execution poor, something I've been aware of but need a better time addressing.

Out of trades for the week. Moving forwards. Reset and ready for next week.


Execution detail:

Date/time Symbol Side Price Position
2020-07-01 10:33:32 QLGN sell $5.520 short
2020-07-01 11:14:22 QLGN sell $5.280 short
2020-07-01 11:39:39 QLGN sell $5.200 short
2020-07-01 11:59:21 QLGN buy $5.540 0


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