PFE Trade on Oct 19, 2020 04:39 from steiff: Tradervue User Stock Trades.

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steiff

 

Setup:
- Pfizer announced it could have vaccine ready before end of year
- Google trends showed lot of research on pfe
- Traded above VWAP
- S&P: +0.83% - DOW: 0.72% - QQQ: +1.09%
- Pfizer rose 1.5 points (+-4%) on Friday after CEO announce

Risk: $500
Reward: $1000

Type: Daytrade
Entry: $38.955
Stop: $37.955 (+- 2.50%)
Target: $40.96 (+- 5.10%)
Qty: 500

Execution:
- Bought 500 shares@$38.95 @ 10:39
- Tested $38.70 and $38.80 beforehand

Outcome:
Loss $196
- Bad trade as investors where frightened by lack of advance in stimulus negociations

Improvements:
- Wait clearer price trend
- Wait till opening


Execution detail:

Date/time Symbol Side Price Position
2020-10-19 04:39:40 PFE buy $38.950 long
2020-10-19 07:40:22 PFE sell $38.570 long
2020-10-19 07:43:09 PFE sell $38.570 0


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