Shared by
Trade_Hunter
Scalped this guy today. I am realizing now that I'm looking at the overview that I definitely overstayed my welcome on this one. I was making solid profits while this stock was on it's bull run up to $7.50, but once it started dropping, pretty much all of my trades became break even or losses.
Moving forward I am going to need to pay closer attention to when the price action is bullish and bearish, and stop trading on bearish trends. It just doesn't make sense to scalp then. It becomes so much riskier and less profitable.
Anyway I learned from this and still came out above my daily profit goal, so it's a win win.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-01-22 09:33:48 | OBLN | buy | $6.370 | long |
| 2021-01-22 09:34:12 | OBLN | sell | $6.580 | 0 |
| 2021-01-22 09:35:19 | OBLN | buy | $7.000 | long |
| 2021-01-22 09:35:23 | OBLN | sell | $7.000 | 0 |
| 2021-01-22 09:35:47 | OBLN | buy | $6.960 | long |
| 2021-01-22 09:36:01 | OBLN | sell | $6.910 | 0 |
| 2021-01-22 09:36:32 | OBLN | buy | $6.710 | long |
| 2021-01-22 09:37:01 | OBLN | sell | $6.840 | 0 |
| 2021-01-22 09:37:45 | OBLN | buy | $7.100 | long |
| 2021-01-22 09:37:56 | OBLN | sell | $7.140 | 0 |
| 2021-01-22 09:38:15 | OBLN | buy | $7.050 | long |
| 2021-01-22 09:38:30 | OBLN | sell | $7.240 | 0 |
| 2021-01-22 09:39:42 | OBLN | buy | $7.150 | long |
| 2021-01-22 09:42:12 | OBLN | buy | $6.870 | long |
| 2021-01-22 09:45:07 | OBLN | buy | $6.730 | long |
| 2021-01-22 09:45:55 | OBLN | sell | $6.900 | long |
| 2021-01-22 09:46:27 | OBLN | sell | $7.130 | 0 |
| 2021-01-22 09:47:46 | OBLN | buy | $6.940 | long |
| 2021-01-22 09:48:22 | OBLN | sell | $7.160 | 0 |
| 2021-01-22 09:51:21 | OBLN | buy | $7.330 | long |
| 2021-01-22 09:52:08 | OBLN | sell | $7.400 | 0 |
| 2021-01-22 09:53:40 | OBLN | buy | $7.410 | long |
| 2021-01-22 09:53:49 | OBLN | sell | $7.360 | 0 |
| 2021-01-22 09:56:04 | OBLN | buy | $7.180 | long |
| 2021-01-22 09:56:05 | OBLN | buy | $7.210 | long |
| 2021-01-22 09:56:14 | OBLN | sell | $7.200 | long |
| 2021-01-22 09:56:43 | OBLN | sell | $7.230 | 0 |
| 2021-01-22 09:59:04 | OBLN | buy | $7.250 | long |
| 2021-01-22 09:59:32 | OBLN | buy | $7.020 | long |
| 2021-01-22 10:00:37 | OBLN | sell | $7.140 | long |
| 2021-01-22 10:02:10 | OBLN | sell | $7.020 | 0 |
| 2021-01-22 10:04:23 | OBLN | buy | $7.040 | long |
| 2021-01-22 10:05:43 | OBLN | buy | $6.770 | long |
| 2021-01-22 10:06:05 | OBLN | sell | $6.850 | long |
| 2021-01-22 10:08:37 | OBLN | sell | $6.790 | 0 |
| 2021-01-22 10:08:38 | OBLN | buy | $6.750 | long |
| 2021-01-22 10:08:50 | OBLN | sell | $6.740 | 0 |
| 2021-01-22 10:08:55 | OBLN | buy | $6.730 | long |
| 2021-01-22 10:08:57 | OBLN | sell | $6.730 | 0 |
| 2021-01-22 10:09:09 | OBLN | buy | $6.670 | long |
| 2021-01-22 10:09:29 | OBLN | sell | $6.590 | 0 |
| 2021-01-22 10:09:54 | OBLN | buy | $6.600 | long |
| 2021-01-22 10:13:33 | OBLN | sell | $6.600 | 0 |
| 2021-01-22 10:15:11 | OBLN | buy | $6.550 | long |
| 2021-01-22 10:19:29 | OBLN | sell | $6.700 | 0 |
| 2021-01-22 10:19:54 | OBLN | buy | $6.620 | long |
| 2021-01-22 10:20:00 | OBLN | sell | $6.630 | 0 |
| 2021-01-22 10:22:19 | OBLN | buy | $6.480 | long |
| 2021-01-22 10:22:32 | OBLN | sell | $6.480 | 0 |
| 2021-01-22 10:39:42 | OBLN | buy | $6.280 | long |
| 2021-01-22 10:39:46 | OBLN | sell | $6.290 | 0 |
| 2021-01-22 10:40:08 | OBLN | buy | $6.280 | long |
| 2021-01-22 10:40:25 | OBLN | sell | $6.280 | 0 |
| 2021-01-22 10:40:49 | OBLN | buy | $6.250 | long |
| 2021-01-22 10:43:01 | OBLN | sell | $6.090 | 0 |
| 2021-01-22 10:43:23 | OBLN | buy | $6.050 | long |
| 2021-01-22 10:44:58 | OBLN | buy | $6.050 | long |
| 2021-01-22 10:46:14 | OBLN | sell | $6.080 | 0 |
Comments
BenLbTrading
I agree with the overtrading self-analysis. Is there a reason why you didn't sell partial positions rather than just getting in and out with full positions?
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!
definitely a fun stock to scalp !