NVAX Trade on Sep 25, 2020 09:30 from TheScalpman: Tradervue User Stock Trades.

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TheScalpman

 

I lost $100 on PTON but this was the worst trade today for a number of reasons

It was my number 1 pick, on some news and I know it can pump when it wants to
so im only looking for longs

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I was a bit too keen to get in and TBF i probably should have waited a few more minutes before i added to it but i just didn't want to miss a pump
as id missed a few this week

I did take it off and re-add for the BO
and then i closed it all out cos i didn't like the PA

this was actually decent trading, I'm probable down $100 but it could have been way worse

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Then I tried again at 9.41 for the BO
but I'm stopped out, when I should have been adding to the position on the pullback
I made a mess of that

then the next 2 trades are for 50 shares when I started with 100 and 100

Then I move my stop too close cos the SPY is weak
BUT this was clearly a mistake

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I should have realized it had relevant strength and was at the 113 area id marked out PM

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SUMMARY

It pretty annoying looking at a stock do exactly what you though it would do
and only made $80 on it

There's a lot to learn from this!!

IF I JUST WATIED FOR THE PROPER BO at 113 I could have made things way easier for myself

or if i started off with a smaller position


Execution detail:

Date/time Symbol Side Price Position
2020-09-25 09:30:40 NVAX buy $106.810 long
2020-09-25 09:31:01 NVAX buy $106.880 long
2020-09-25 09:35:12 NVAX sell $107.380 long
2020-09-25 09:35:40 NVAX buy $107.920 long
2020-09-25 09:36:47 NVAX sell $107.200 long
2020-09-25 09:36:50 NVAX sell $107.110 0
2020-09-25 09:41:13 NVAX buy $108.700 long
2020-09-25 09:45:38 NVAX sell $106.720 0
2020-09-25 09:51:56 NVAX buy $108.790 long
2020-09-25 09:52:32 NVAX buy $109.360 long
2020-09-25 09:58:37 NVAX sell $111.840 long
2020-09-25 10:12:53 NVAX sell $112.040 0


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