Shared by
beno
Fundamentals
-Float = 49.5M
Catalysts / News / Painting the picture
-Jul 27 2020: Bitcoin price going up / sector sympathy
-Nov 24 2020: Bitcoin price going up / sector sympathy
-Dec 04 2020: New S-3 for $200M
Technical Analysis
-SPY pattern: Bull Flag
-Intraday pattern: Consolidation
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: Ext. Cap. long on BTC dump
Confluence: Whole $
Strike Zone: 21.25 - 20.50
Sizing (lots + emergency): 250
Risk (stop / Rs): BTC dump continuation
Review / Lessons Learned
Took long then BTC kept dumping so though it was too risky to hold on when I could potential get back in lower. Obviously bottom in hindsight but I caught the BTC on my other BTBT trade. Small win here still, +0.5R
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-01-07 13:48:00 | RIOT | buy | $21.230 | long |
| 2021-01-07 13:48:00 | RIOT | buy | $21.230 | long |
| 2021-01-07 13:48:00 | RIOT | buy | $21.230 | long |
| 2021-01-07 13:48:00 | RIOT | buy | $21.230 | long |
| 2021-01-07 13:48:37 | RIOT | sell | $21.403 | long |
| 2021-01-07 13:48:37 | RIOT | sell | $21.400 | long |
| 2021-01-07 13:48:37 | RIOT | sell | $21.400 | 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!