CBLI Trade on Oct 20, 2020 09:36 from joncmoralesf: Tradervue User Stock Trades.

CBLI –this is one popped up on the radar in the morning. Had the most volume so a lot of people were looking at it. I looked at the multi month and year chart and it looked like every time it would have a big spike it would crash or pull back around the 4.50 to 5-dollar level or area in the chart. I was starting to formulate a plan around that perhaps shorting into a spike close the 5-dollar level. at the open of the market it actually spiked right up the 5-dollar level pulling back to the 4.80 which is exactly what pass history had suggested that’s what it usually does unfortunate was in the bathroom at the time which sucked. But once I sat down and settled started looking for an entry for a short position after a big pullback candle. I got in at an average of 3.87 2500 shares. I was risking of the 4.20 level which allowed me sum space for the play to play out. It started breaking down towards the 3.60’s had a very good flush towards those levels I was actually up a good amount and should have taken my profit around that level. It started basing and I was waiting to see if it would break down or move higher it started moving higher and once it finally hit that 4.20 level I got out. Looking back at it I really need to manage my trade more properly. By that I mean if I'm up on a trade I have to make sure I set my risk levels according to that profit that way I don’t get stopped out at a level that already had passed so as the stocks keeps going down, I need to adjust my stop level that way I exit with a profit no matter what. I think I had a good entry on this trade I was allowing it to work for me and wasn’t trigger happy to get out of it. But in the end, I didn’t manage it the way that I should have as far as my exit goes. Think that the exit is just as critical as the entry because I got in at a proper level and was in the profit but in the end, I didn’t have a target price to get out of my trade with so in the end it retraced on me and I got stopped out because I didn’t have a target. Feeling a little devasted by this trade I've been losing in recent trades haven't been able to really honed down a good quality trade. Think most of them have been my mistakes though think the trades where there it has just been purely all my actions that haven't allowed me to profit from them. Wither it be better at my entry or managing the trade while I'm in it or learning how to exit a trade when I have a profit. These are all things that I have control over which I will work on in order to become a better trader. Theres a lot about the stock market that just out of my control and these things that have been causing me loosing trades I believe are completely in my control. Think there's sum thing positive about that. That the things I have to work on are completely in my control in order to get better. Going to keep continuing to work on my process so I make be able to make one good trade.