NIO Trade on Dec 2, 2020 09:36 from over9k: Tradervue User Stock Trades.

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over9k

0936 NIO S200s s30c +4 a. Off of the PM level and a level we spiked. b. Low V push up, but we didn’t get the rejection I wanted on it c. Good V push down, but without it turning right away I din’t want to hold this one so out B/E quickly

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-12-02 09:36:13	NIO	sell	$39.670	short
2020-12-02 09:36:43	NIO	buy	$39.640	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NIO&trade=21917417&end=20201202100643&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NIO&trade=21917417&end=20201202120643&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NIO&trade=21917417&end=20201202160000&i=m60&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=NIO&trade=21917417&end=20210101&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

ahmad11

2020-12-02 11:25:18

What's the reason behind such tight stop-loss? I find that NIO moves really fast and that you often have to risk more (not to mention it being a super tough stock to trade).

over9k

2020-12-03 11:06:38

I have seen with NIO that is just goes in a direction. to fight it is too much for me (i normally run pretty tight stops) and always run hard stops.

So if it doesn't just reverse when it hit what i though was some resistance above, then i don't want to wait for the next level to find out. NIO when it starts to go it can just keep going all day. if it hovers at a level, it will usually just break it (and did to the upside)

ahmad11

2020-12-03 11:20:01

That's fair...it's a good strategy for scalping.

NIO Trade on Dec 2, 2020 09:36 from over9k: Tradervue User Stock Trades.

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