LIZI Trade on Dec 3, 2020 10:44 from Leon64: Tradervue User Stock Trades.

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Leon64

 

Target: $6+ | 2.7878:1 R:r
Risk: Around $400 vs. %4.75

Setup: Audio collaboration with Xpeng. Part of very hot sector at the time and could have been big pump. There was a 2m bull flag that I wanted to get in on.

Pros:

Cons:
1. I think emotions got the best of me and I didn't see the problems such as an upcoming double tap plus the 5m not looking so good. I was just blinded by how hot the sector was doing and thought that this thing could run.
2. The real setup was earlier at 10:28 when couldn't break down and ran past $4.35 resistance.
3. This thing worked later on and I stopped paying attention to it.

Note:


Execution detail:

Date/time Symbol Side Price Position
2020-12-03 10:44:00 LIZI buy $5.080 long
2020-12-03 10:44:00 LIZI buy $5.080 long
2020-12-03 10:46:00 LIZI sell $4.757 long
2020-12-03 10:46:00 LIZI sell $4.757 0


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