FSLY Trade on Jul 8, 2020 12:21 from CapitalMastery: Tradervue User Stock Trades.

Summary

FSLY popped up, and started looking really tired after it broke above $95 so I stayed on with a short. Covered into the down moves with wish orders, which worked out great. That said, I don't feel good about this trade as I feel I got lucky. I didn't really have a great reason for shorting FSLY. At least not a playbook/planned reason. That aside, I am happy about the execution itself.

Did Right

• Used wish limit orders to get some great covers

Did Wrong

• Really shouldn't of been in this trade, given I didn't have a solid setup

Improvements

• Cut these trades out of my day, or have a plan/system for taking them with smaller size, since they really are 50/50 trades. But then again, I'm not going to be able to take care of my family with 50/50 trades. Should really focus my attention on the trades that I KNOW I have edge with, and focus on sizing up in those.