Enter @ 4.49, risk 4.43. ABCD. Aim for 1:3 R:R. Decide to sell for partial Profits. Sold 20 @ 4.72 (main area of profit taking). 5 @4.775, 2 @4.90. 3 @4.325. Fail to catch the 5.00 b/o and the flush was too quick for me to get out. Avg sell: 4.70
Return @ higher low ABCD @ 4.31, risk 4.26. Aim for 1:3 R:R. Sell 1 @ 4.58,
Reenter @ 4.40 on higher low entry. ABCD. Risk 4.36. Sold 5 @4.54, 2 @4.59. 4 @4.56. My final position, I should have sold 2-3 in the 4.60s. Was being overly patient and got caught in the flush. Gave back almost all of my profits. Pretty much breakeven on this black swan trade. Too many flushes. This flush is why it's important to lock in profits in pennystock. Up $3-4 but gave back all and breakeven.
Overall: avg Buy: 4.42, Avg sell @ 4.60
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-10-29 08:25:16 | UUU | buy | $4.490 | long |
2020-10-29 08:29:32 | UUU | sell | $4.720 | long |
2020-10-29 08:30:02 | UUU | sell | $4.775 | long |
2020-10-29 08:32:55 | UUU | sell | $4.900 | long |
2020-10-29 08:36:20 | UUU | sell | $4.325 | 0 |
2020-10-29 08:49:15 | UUU | buy | $4.310 | long |
2020-10-29 08:54:07 | UUU | sell | $4.580 | long |
2020-10-29 08:54:07 | UUU | sell | $4.580 | long |
2020-10-29 08:54:28 | UUU | sell | $4.630 | long |
2020-10-29 08:54:49 | UUU | sell | $4.615 | long |
2020-10-29 08:58:30 | UUU | sell | $4.450 | long |
2020-10-29 09:02:56 | UUU | sell | $4.720 | 0 |
2020-10-29 09:18:18 | UUU | buy | $4.400 | long |
2020-10-29 09:21:03 | UUU | sell | $4.540 | long |
2020-10-29 09:22:13 | UUU | sell | $4.590 | long |
2020-10-29 09:25:02 | UUU | sell | $4.560 | long |
2020-10-29 09:26:24 | UUU | sell | $3.990 | 0 |
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