WORX Trade on Nov 27, 2020 07:21 from Saisxyo: Tradervue User Stock Trades.

Worst trades of the month. Overtrade, stubborn hold. Forcing my trades. Not ideal entries. 5 trades. 1st and 5th trades was terrible. 1st: enter on a downtrend with no break of the trend. 2nd: Better entry @ higher low and break of trend: I was wrong. 3rd: chase off the bounce and sell for a loss @ the open. 4th: Bottom basing and I was wrong. 5th: B/o F/o, stubborn hold even when risk is hit. Worst trading this months.

Good: Cutting my losses when risk is hit and knowing when I'm wrong in single trades but overall trades still need work to be done.

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Execution detail:

Date/time	Symbol	Side	Price	Position
2020-11-27 07:21:32	WORX	buy	$2.570	long
2020-11-27 07:24:20	WORX	sell	$2.510	0
2020-11-27 07:44:20	WORX	buy	$2.460	long
2020-11-27 08:05:01	WORX	sell	$2.400	0
2020-11-27 08:26:51	WORX	buy	$2.480	long
2020-11-27 08:26:51	WORX	buy	$2.480	long
2020-11-27 08:26:51	WORX	buy	$2.480	long
2020-11-27 08:31:08	WORX	sell	$2.355	0
2020-11-27 08:36:11	WORX	buy	$2.375	long
2020-11-27 08:37:19	WORX	sell	$2.305	0
2020-11-27 08:46:18	WORX	buy	$2.500	long
2020-11-27 08:49:47	WORX	sell	$2.380	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=WORX&trade=21718278&end=20201127093347&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=WORX&trade=21718278&end=20201127113447&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=WORX&trade=21718278&end=20201127160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=WORX&trade=21718278&end=20201227&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

ReformedFuturesTrader92

2020-11-27 10:25:08

Ouff, get em next time! Agreed entries were not ideal.

Matt_BC

2020-11-28 15:20:18

Tough trading day. Did you have a traing plan before market open? I was short biased on WORX. I didn't execute too well so I broke even. The financials look crappy so I went short for all day fade. This was pretty much the only play for many on a short trading day and maybe that is why it got so choppy in the morning instead of fading straight down.

Saisxyo

2020-11-28 17:00:29

The original plan was to buy higher lows and sell into the pop with aim at testing the HOD. My 1st trade wasn't ideal because it did not confirm a higher low(break of the down trend). My second trade was an ideal entry so I'm happy with it since it's a good trade. My 3rd trade wasn't ideal too since it was a chase off the higher low. My 4th wasn't my set up. My 5th was a breakout of 2.50 with 2.39 as risk. 5th was the worst because I became stubborn with it. The entry wasn't a set up I would have like since it was B/O (FOMO). The dip to 2.31 was my ideal entry since I could risk off 2.20-2.24. it move to 2.61 which would've been a good trade.

WORX Trade on Nov 27, 2020 07:21 from Saisxyo: Tradervue User Stock Trades.

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