BTBT Trade on Dec 31, 2020 14:03 from VadimT7: Tradervue User Stock Trades.

Gravatar

Shared by
VadimT7

 

Don't trade stock above $10, because they are less predictable and resolve less often because of their higher price, and thus fewer traders have the buying power to get in.

Between 11:00 am and 3:00 pm, only buy dips on reversals.

Daily chart:
Extended enough on the day => almost 100% intraday.

Entry:
- Right at the resistance on the daily chart, don't underestimate these daily levels. They are among the most significant.
- Topping-tail candles indicate weakness in the stock
- Entry candle closed red and on high volume which indicates a reversal, get out and find a better entry (if any).

Always check the volume and the shape of the previous candles to understand where the stock is going with the ticker sentiment before looking for an entry.

  • On the previous bull flag, the stock didn't make a significant new high which means that the move has stopped and the traders are not interested in it.

Execution detail:

Date/time Symbol Side Price Position
2020-12-31 14:03:59 BTBT buy $22.548 long
2020-12-31 14:07:01 BTBT sell $21.850 long
2020-12-31 14:08:58 BTBT sell $21.420 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in