NIO Trade on Nov 6, 2020 10:08 from WuManChu: Tradervue User Stock Trades.

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WuManChu

 

Idea, Entry, and Risk:

*Idea: FF vs VWAP
*Entry: vs VWAP
*Risk: 1:3

Catalyst and News:

n/a

Fundamentals:

n/a

Technicals:

Massive morning fail and predicted lack of long support after covers and squeeze.

Summation:

Entered at VWAP test and expected it to fail. Scaled in at purported "heaviness". Was mistaken, watched it base at VWAP, and told myself the squeeze was coming. Was absolutely correct, and rather than getting out, I watched it hit my stop. Back to the drawing board.

Takeaways:

-The market has indeed changed drastically in the last week. Took a moment to take a breather and it's starting to show. Was watching JKS, let NIO occupy my attention, and JKS got ignored. Battling FOMO is hard when you let moves get away from you.

-Will be fully rested for next week. We'll be ready.


Execution detail:

Date/time Symbol Side Price Position
2020-11-06 10:08:00 NIO sell $41.050 short
2020-11-06 10:21:12 NIO sell $41.260 short
2020-11-06 10:27:01 NIO buy $42.000 0


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