LOGI Trade on Oct 20, 2020 09:07 from apache2a: Tradervue User Stock Trades.

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apache2a

 

I wasn't feeling very good about this one. It fit the trade profile and the ratio was good, so I entered with a 1/3 size position, which was good because it turned against me and I stopped out within one minute of the open.

I might not have stopped out if I had configured the trade properly. I used TI's chart, which is always wrong, instead of going with the trusted TOS chart...ended up with a tighter stop than I should have had. The good thing is that it was only a 1/3 stop and the other two trades today were good.

I didn't feel very good about it because:

  1. It was an ER...ok, but not ideal
  2. It was Logitech, everyone knows logitech it's a regular househould name
  3. The volume was pretty low at 270k at the open
  4. The price was in the 90s, higher than usual

THere were no fees so that was good and the ratio was good, while the set up was perfect. Not a bad trade, just didn't pan out.


Execution detail:

Date/time Symbol Side Price Position
2020-10-20 09:07:33 LOGI sell $92.670 short
2020-10-20 09:30:18 LOGI buy $94.671 0


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