Shared by
Saisxyo
Watching P/M action to the open. Saw the spiked from 9.15 low to 11.44. Regret not getting in @ 9.25 with risk @ 9.15. Aim for Buying bounce off the dip. Came back to 9.80 low. Chased the bounce. Enter @ 10.26. Aim for 11. Out 9.76.
Reenter @ 9.78 on new bounce w/10 shares. Not a good move to made position bigger @ near resistance. Risk 9.60. Aim for 10+. Sold @ 9.57.
Reenter @ 9.40 after bounced off 9.11 area w/ 10 shares. Strong support there since that was the start of big open market move. Should've added bigger size. Move risk up to 9.33-9.37. Sold 5 @ 9.90 high. Higher low @ 9.50. Risk free trade. Quick pop 9.95 then dip. New risk @ 9.70. Sold 2 @ 9.93. Sold 3 on the quick pop to 9.20s. Out @ 9.18. Average sell +0.57/share.
Mistakes:
Chased the bounce, Loose Risk level: Need tighter Risk level
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-09-16 08:40:06 | KODK | buy | $10.266 | long |
| 2020-09-16 08:44:21 | KODK | sell | $9.772 | 0 |
| 2020-09-16 08:48:18 | KODK | buy | $9.780 | long |
| 2020-09-16 08:49:43 | KODK | sell | $9.570 | 0 |
| 2020-09-16 08:53:08 | KODK | buy | $9.400 | long |
| 2020-09-16 08:58:31 | KODK | sell | $9.900 | long |
| 2020-09-16 09:08:21 | KODK | sell | $9.932 | long |
| 2020-09-16 09:08:35 | KODK | sell | $10.180 | 0 |
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