LIZI Trade on Oct 12, 2020 09:51 from _cup0fjoe: Tradervue User Stock Trades.

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_cup0fjoe

 

I traded LIZI again because I saw an edge. I knew not to mess with it on the 1st VWAP reclaim as tht is always the 1st pop and it's more ideal to short than long. So after tht pop to VWAP failed I told myself "LIZI is done, it will probably fade further." But once 4 lvl held as support and we testing VWAP I got in on a pullback. Once VWAP reclaimed I added to my position, but on a pullback just above VWAP. I was using 4 lvl as my risk. It did break under 4 a few times, but 4 kept holding as support.
It actually hit 4.30s once, but I did not sell as I wanted to sell in the 4.35s as tht was the next resistance lvl. That 4.30s looked stuffy and I was getting ready to sell if we broke under 4, but I guess shorts added too much conviction and then once VWAP reclaimed for the 3rd time after my entry we got the huge rip. It was almost surreal. I kinda froze for like a second. But I knew I had to sell. I remember using my iPhone to put my order on TD and then as I was about to sell in the 4.40s it asked me for my password to put my sell. Those fews seconds typing it helped me get in where shorts were panicking and of course a better exit - 4.65.


Execution detail:

Date/time Symbol Side Price Position
2020-10-12 09:51:00 LIZI buy $4.085 long
2020-10-12 09:53:00 LIZI buy $4.180 long
2020-10-12 10:07:00 LIZI sell $4.475 long
2020-10-12 10:07:00 LIZI sell $4.650 0


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