TWTR Trade on Jul 8, 2020 13:23 from CapitalMastery: Tradervue User Stock Trades.

Summary

Killer alert from John. TWTR was just big on the day, on a ton of volume, and finally started to hit some resistance into $37, and so we started a short there, as soon as the weakness confirmed. Would have liked to get more out of this move, but honestly all my wish orders were taken out in one single move, and so I marketed out the last lot given it felt we lucked into a huge sell order dumping.

Did Right

• Waited for the trade to actually hit resistance, and show weakness before entering the short. As a result, was able to get an awesome entry price.
• Had wish orders order to get filled, and didn't

Did Wrong

• Again, just like with FSLY and SQ, this trade really isn't in my playbook, and so I should not be taking them. But given, that I've won on many of these, I'm starting to think I should document a damn setup for it :)

Improvements

• Establish a setup for this trade