LAC Trade on Oct 5, 2020 10:21 from Steve_Trades: Tradervue User Stock Trades.

2nd Loss of the day on this ticker. A 24 cent loss trying to buy the breakout. Working to keep losses small while still trying to give the setup a chance to work. With hindsight, jumping out of this trade was the right thing to do at that time.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-10-05 10:21:20	LAC	buy	$16.730	long
2020-10-05 10:21:20	LAC	buy	$16.727	long
2020-10-05 10:23:10	LAC	sell	$16.490	long
2020-10-05 10:23:10	LAC	sell	$16.490	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=LAC&trade=20068889&end=20201005112310&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=LAC&trade=20068889&end=20201005115310&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=LAC&trade=20068889&end=20201005160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=LAC&trade=20068889&end=20201104&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

apache2a

2020-10-06 00:15:23

Good job keeping the losses reasonably small. Buying the breakouts is tough. I think they only break out about 40% of the time, so you have to focus on keeping those losses small, but not having stops that are too tight or the stop hunters eat you up.

LAC Trade on Oct 5, 2020 10:21 from Steve_Trades: Tradervue User Stock Trades.

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