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Shared by
HeroTrader

 

UUU

Oct 29, 2020 09:01


Shares traded: 9600
Closed Gross P&L: $-1601.52

Tags:

premarket

$UUU was the second highest gainer in the morning.
It was the only play I was Really Interested in, I noticed that It was holding the VWAP well and catching some good bounces for around .20 each time. Bought in Pre Market at $4.60 to Hold Through the opening bell where I thought it would make a $5.00 push and it did. Sold right into the momentum of the $5.00 break. 2300 shares for a gain of $1012.23

Ouch! Got greedy!!
went back in for more when I knew it was getting risky. said it was holding VWAP well but I thought the Bulls may get tired of the false breakouts. I was up for $300 or $400 for a few mins before the flush came. thought it may fight back but Hope doesn't protect your Capital. Lesson learned. End Of Day P&L -$1601.52

That leaves me only up $593.91 on the week & $6298.43 Profit on the month.


Execution detail:

Date/time Symbol Qty Price Position
2020-10-29 09:01:21 UUU 307 $4.600 307
2020-10-29 09:01:21 UUU 1949 $4.600 2256
2020-10-29 09:01:21 UUU 44 $4.600 2300
2020-10-29 09:34:13 UUU -2300 $5.040 0
2020-10-29 10:12:11 UUU 2500 $4.436 2500
2020-10-29 11:19:14 UUU -319 $3.390 2181
2020-10-29 11:19:14 UUU -18 $3.390 2163
2020-10-29 11:19:14 UUU -50 $3.390 2113
2020-10-29 11:19:15 UUU -200 $3.390 1913
2020-10-29 11:19:17 UUU -1000 $3.390 913
2020-10-29 11:19:17 UUU -600 $3.390 313
2020-10-29 11:19:18 UUU -313 $3.390 0


Comments

2020-10-29 16:35:41
 

I was also caught in the flush too. Still, I took my profits on its move up. Pretty much gave away all of my profits on this trade. Breakeven on the trade

2020-10-30 20:45:10
 

I am very new to this and really appreciate you Hero, and Saisxyo sharing your experiences! I haven't done pre-markets yet but got hold of this with tiny sizes on its way up and scaled out taking "profit" as it went up. Got caught a little with my TOS account (slow) ( but me too slow, so that is not a good combo) and revisited before 10:30 EST and finished $7.20 ! HAHAHA I hope some day to have a month like yours Hero!!!

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