VERU Trade on Dec 10, 2020 13:54 from yoosh: Tradervue User Stock Trades.

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yoosh

This stock was a nice example of a stock that spiked premarket and held its gains and was slowly trending upwards. I bought the breakout of the days highs, however I did not have a plan going into this, so I sold as soon as it started dipping. What I really should have done is had a proper exit point (which should have been VWAP since it consolidated above VWAP all day).

What I should have done:
Entry: Breakout at $5.50, $6 is fine.
Risking: VWAP which might have been $5. So that is risking $1
Exit: Looking for a 2:1 risk reward for this trade. So exit would have been $8

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-12-10 13:54:56	VERU	buy	$5.910	long
2020-12-10 13:59:38	VERU	sell	$5.690	long
2020-12-10 14:00:31	VERU	sell	$5.700	0
2020-12-10 14:05:06	VERU	buy	$6.100	long
2020-12-10 14:05:29	VERU	sell	$6.220	0
2020-12-10 14:08:21	VERU	buy	$6.960	long
2020-12-10 14:15:37	VERU	sell	$7.280	long
2020-12-10 14:17:19	VERU	sell	$7.300	0
2020-12-10 14:18:35	VERU	buy	$7.610	long
2020-12-10 14:18:58	VERU	sell	$7.800	long
2020-12-10 14:20:47	VERU	sell	$7.260	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=VERU&trade=22995368&end=20201210144147&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=VERU&trade=22995368&end=20201210154147&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=VERU&trade=22995368&end=20201210160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=VERU&trade=22995368&end=20201210160000&i=m60&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

VERU Trade on Dec 10, 2020 13:54 from yoosh: Tradervue User Stock Trades.

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