PIXY Trade on Aug 24, 2020 09:33 from CapitalMastery: Tradervue User Stock Trades.

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CapitalMastery

 
Summary

This was a great LHF setup, but I minimized the shit out of it by having FOMO and not waiting for my levels to hit. Having a bad average ultimately led to me getting to big in the trade, to fix my avg, and thus anxious to cover as soon as the trade came into the green. This could have been a $450 trade with 500 shares had I executed it better.

Why Was I in This Trade?

Low hanging fruit candidate as it ran on Friday, and broke down into the close.

Did Right

Had a plan before entering the trade, with a known stop.

Did Wrong
  • Didn't wait for my entry lines, and got into the trade way too early
  • Got way too big in the trade; based on risk, my max size should have been 500 shares.
Improvements
  • Be more patient and wait for my lines to hit. If my lines do not hit, wait for a lower high to hit in short; do not chase.
Next Trade

Don't expect anything else from PIXY for a while, but I did notice that $3.80 was a solid support today.

Playbook

5min
PIXY (LHF 1MIN)

Multiple Time Frames
PIXY (LHF MTF)


Execution detail:

Date/time Symbol Side Price Position
2020-08-24 09:33:10 PIXY sell $4.300 short
2020-08-24 09:33:12 PIXY sell $4.300 short
2020-08-24 09:33:24 PIXY sell $4.260 short
2020-08-24 09:33:27 PIXY sell $4.260 short
2020-08-24 09:36:34 PIXY sell $4.400 short
2020-08-24 09:37:07 PIXY sell $4.400 short
2020-08-24 09:37:07 PIXY sell $4.400 short
2020-08-24 09:38:12 PIXY sell $4.450 short
2020-08-24 09:38:24 PIXY sell $4.490 short
2020-08-24 09:39:14 PIXY sell $4.690 short
2020-08-24 09:39:21 PIXY sell $4.700 short
2020-08-24 09:41:53 PIXY sell $4.630 short
2020-08-24 09:41:55 PIXY sell $4.630 short
2020-08-24 09:42:03 PIXY sell $4.630 short
2020-08-24 09:42:21 PIXY sell $4.630 short
2020-08-24 09:43:25 PIXY sell $4.600 short
2020-08-24 09:53:26 PIXY buy $4.410 short
2020-08-24 09:53:34 PIXY buy $4.410 short
2020-08-24 10:10:59 PIXY buy $4.480 short
2020-08-24 10:10:59 PIXY buy $4.470 short
2020-08-24 10:13:05 PIXY buy $4.380 short
2020-08-24 10:13:05 PIXY buy $4.380 short
2020-08-24 10:13:08 PIXY buy $4.360 short
2020-08-24 10:13:08 PIXY buy $4.360 short
2020-08-24 10:14:13 PIXY buy $4.310 short
2020-08-24 10:14:13 PIXY buy $4.310 short
2020-08-24 10:14:20 PIXY buy $4.260 short
2020-08-24 10:14:20 PIXY buy $4.260 short
2020-08-24 10:14:20 PIXY buy $4.270 short
2020-08-24 10:15:03 PIXY buy $4.290 0
2020-08-24 10:32:20 PIXY sell $4.430 short
2020-08-24 10:32:34 PIXY sell $4.440 short
2020-08-24 10:35:53 PIXY buy $4.370 short
2020-08-24 10:35:54 PIXY buy $4.368 short
2020-08-24 10:37:03 PIXY buy $4.370 short
2020-08-24 10:37:03 PIXY buy $4.358 0


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