SGLB Trade on Aug 25, 2020 08:16 from Saisxyo: Tradervue User Stock Trades.

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Saisxyo

 

Took a bigger loss than necessary. I should've sold when it went to 4.20s. If not all, it should be like half. Risking 4.00. Aim for a move to 4.30. Should've sold when it was weakening and moving toward 4.00. Got out when 4 break. If I cut my losses quickly, this trade would not have affected my other two trades.I entered after taking a loss.

I enter for a break of 4.20. Should've sold @ the move to 4.30s. Lousy cognition during this trade. I wanted to make back my losses from the first trade. It led to this move. Sold @ 4.20 because I did not like how it moved up a little then lost all of its strength. It later broke 4.20 and dipped down to 3.90s.

My last trade for the day. It was a trade on a pullback on a green candle. If the stock were to go against me in any way, I would have cut my losses. Aim for 5.00. @ 4.85, Decided to take my profits since my entry was scary. It was not a good entry. It would've been better closed to 4.40s where the candle start. After I sold, the stock went to 4.50s. I would've been chopped. It then bounced and broke 5 to 5.20 just to pull back to 4—a nice panic.

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Execution detail:

Date/time Symbol Side Price Position
2020-08-25 08:16:39 SGLB buy $4.070 long
2020-08-25 08:20:11 SGLB sell $3.960 0
2020-08-25 08:22:04 SGLB buy $4.180 long
2020-08-25 08:24:52 SGLB sell $4.200 0
2020-08-25 08:33:30 SGLB buy $4.720 long
2020-08-25 08:34:14 SGLB sell $4.850 0


Comments

Gravatar rtejeiro
2020-08-25 12:58:42
 

Nice, I made a quick in and out

2020-08-25 16:59:23
 

I traded SGLB in the morning starting during pre-market, carried into RH and ended after four trades, all made small profit. Went back in the afternoon for another shot at it, but left that on overnight at a loss. Will hold it to see if I can get out at least at break even. I tend to stay too long on losses, letting them grow hoping for a reversal. Have to get better at closing quickly on small loss.

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