BKYI Trade on Jul 16, 2020 14:06 from beno: Tradervue User Stock Trades.

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beno

 

Fundamentals

N/a

Catalysts / News / Painting the picture

-Jul 16 2020: California’s North Orange County Community College District adds BIO-key’s PortalGuard a Leading IAM Solution in Higher Education

Technical Analysis

-SPY pattern: Consolidation
-Intraday pattern: Mountain
-Other notes: Grindy and trappy action

Strategy / Confluence / Sizing Guide / Risk

Strategy: First test long of 1.4 level
Confluence: N/a
Strike Zone: 1.47 - 1.37
Sizing (lots + emergency): 2+1
Risk (stop / Rs): Hold below 1.35

Review / Lessons Learned

Action was way to grindy and tape had SOOO many traps, fooled me and stopped out at swing low...
At least I noticed the weakness on tape and took my loss.

I failed to use recycling to my advantage here!

Lessons Learned: Use recycling to your advantage, build cushion for your loss!


Execution detail:

Date/time Symbol Side Price Position
2020-07-16 14:06:51 BKYI buy $1.480 long
2020-07-16 14:06:51 BKYI buy $1.480 long
2020-07-16 14:06:51 BKYI buy $1.480 long
2020-07-16 14:06:51 BKYI buy $1.480 long
2020-07-16 14:06:51 BKYI buy $1.480 long
2020-07-16 14:08:51 BKYI buy $1.440 long
2020-07-16 14:08:51 BKYI buy $1.440 long
2020-07-16 14:08:52 BKYI buy $1.440 long
2020-07-16 14:08:52 BKYI buy $1.440 long
2020-07-16 14:08:52 BKYI buy $1.440 long
2020-07-16 14:08:52 BKYI buy $1.440 long
2020-07-16 14:08:52 BKYI buy $1.440 long
2020-07-16 14:10:48 BKYI buy $1.380 long
2020-07-16 14:10:48 BKYI buy $1.380 long
2020-07-16 14:16:24 BKYI sell $1.330 long
2020-07-16 14:16:24 BKYI sell $1.330 long
2020-07-16 14:16:24 BKYI sell $1.330 long
2020-07-16 14:16:24 BKYI sell $1.330 long
2020-07-16 14:16:24 BKYI sell $1.330 long
2020-07-16 14:16:24 BKYI sell $1.330 0

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