Shared by
Saisxyo
I was watching this stock going down very far from its high. Enter as it was consolidating and looking like it is going up to break VWAP. Enter w/20 Shares @ 0.5235. My risk was 0.50. Aiming for a move to 0.55+. It Dipped, holding 0.5. Decided to add 20 @ 0.511. My risk is still @ 0.50. The next candle, it flushed and went to 0.48 in seconds. Step out @ 0.486. Bigger losses than I expected. At least I took my losses after my risk broke.
Re-enter w/50 shares @ 0.4744. Risking 0.46. Plan to sell as it move to 0.50. It later dipped, I got out @ 0.4626. I thought it was going to halt flushing down. Got scare out of my position but still, it hit my risk area so I go out.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-09-11 08:44:20 | AVGR | buy | $0.5234 | long |
| 2020-09-11 08:46:13 | AVGR | buy | $0.5111 | long |
| 2020-09-11 08:47:11 | AVGR | sell | $0.4860 | 0 |
| 2020-09-11 08:52:56 | AVGR | buy | $0.4744 | long |
| 2020-09-11 08:55:36 | AVGR | sell | $0.4626 | long |
| 2020-09-11 08:55:38 | AVGR | sell | $0.4626 | long |
| 2020-09-11 08:55:40 | AVGR | sell | $0.4626 | 0 |
Comments
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hello my guy. I traded premarket on friday, it worked out for me. It looks like it might be a good idea to go long with these stocks premarket and then short sell after the bell.