GDDY Trade on Jul 13, 2020 15:05 from aceknuckles: Tradervue User Stock Trades.

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aceknuckles

 

Ticker: GDDY
Date: 7/13/20
Size: 10
Amount of Trades: 1
Closed P&L: $-17.69

(as of 7/13/20)
RVol: 1.4
AVol: 1.63M
ATR: 2.7
Float: 162.84M
Beta: 0.81
52 Week Range: $40.25 - 85.46
Sector/Industry: Technology/Software - Infrastructure

I got stopped out of GDDY before but I still felt an opportunity was there. I set a limit at 70.55 s it looked like it may become support. Price indeed bounce but flushed though the level. Granted 70.55 is a gap level, I wasn't expecting THAT level of volatility. Maybe because it's a higher priced name. Would this play out the same on the $20 stock? The next day, price gapped below my stop but I didn't get stopped out. I moved my stop lower since my current stop was ineffective and hoped the new stop can catch me if price continues to fall, which it did. I got stopped out 68.78. Price then rallied beyond 70.55. I didn't reenter because I knew it would've been a revenge trade. I would've went it with too much size and mad a bad situation worse.


Execution detail:

Date/time Symbol Side Price Position
2020-07-13 15:05:49 GDDY buy $70.550 long
2020-07-14 10:09:01 GDDY sell $68.781 0


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