BLRX Trade on Oct 30, 2020 07:58 from Saisxyo: Tradervue User Stock Trades.

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Saisxyo

 

I wanted only 100 Shares @ 2.27-2.28 but not sure how but click twice and filled 200 shares. Risk 2.23. Aim for 1:3 R:R. Hit my risk, I stepped out.

Reenter @ 2.20, risking 2.17 with 100 shares. Hit my risk, I stepped out.

I was watching this ticker all morning. I missed the higher low filled @ 2.17-2.18. Waited for it to make a new higher low. My big blunder today is that I got filled more than I wanted. The good part that came from this is that I was able to keep calm in this situation. My stress level was pretty much normal on this big trade. I was willing to acknowledge the mistake and trade according to plan when given the opportunity. Overall, good trade. Something to learn from. This trade showed me that I was willing to risk 1% of my account and still have a clear head on my risk:reward.

My terrible mistake is probably my entry @2.20. It was more FOMO than necessary. If my head was a bit clearer, I mould have waited for the stock to make a sideway move before I played it.

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Execution detail:

Date/time Symbol Side Price Position
2020-10-30 07:58:22 BLRX buy $2.280 long
2020-10-30 07:58:30 BLRX buy $2.270 long
2020-10-30 07:58:30 BLRX buy $2.270 long
2020-10-30 08:05:29 BLRX sell $2.230 0
2020-10-30 08:05:59 BLRX buy $2.200 long
2020-10-30 08:06:53 BLRX sell $2.170 0


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