UUU Trade on Oct 29, 2020 09:01 from HeroTrader: Tradervue User Stock Trades.

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$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

#chart1 { background-image:url('/shared/charts/pricechart?symbol=UUU&trade=20766046&end=20201029160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=UUU&trade=20766046&end=20201029160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=UUU&trade=20766046&end=20201029131418&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=UUU&trade=20766046&end=20201029111918&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Saisxyo

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

kowman86

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!!!

UUU Trade on Oct 29, 2020 09:01 from HeroTrader: Tradervue User Stock Trades.

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