ALPP Trade on Feb 5, 2021 09:55 from yoosh: Tradervue User Stock Trades.

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yoosh

 

I had this on watch because the previous day was a breakout to new highs, so I was expecting this to move. My eyes were focused on $SIRC though so I missed the morning entry.

Entry 1 - 2- 3: While the stock was consolidating at the $6.20 level I took a starter and added as it went up to a 150 share position (Ave share price: $6.28 = $943 exposure. I did not have a risk level and I was just watching the level two. This was my first mistake because as soon as that first selling came, I freaked out and sold everything. This was on high volume so I thought it was the top.

Entry 4- This continued to grind up and I chased it a little because the time and sales was super bullish. I sold a quarter of my position at $7 because I knew that would be a psychological level and I wanted to take some profits. We hit $7.2 and I saw the Time and Sales turn red but at the moment I was to slow and could not exit my position. I was spamming my keys to sell on the bid but the price kept going lower and lower and I managed to bottom tick the panic. Lessons: Watch time and sales like a hawk.

Entry 5 - After the mini panic double bottomed I bought the breakout on smaller size and sold it in pieces on the way up and all of it once I saw resistance (double top at $7.4).

Entry 6 - There was another double bottom with higher lows made and I thought we may keep going past $7.40 so I took small share size again before the breakout for the anticipation, but we could not break through so I cut the loss for 5c a share.


Execution detail:

Date/time Symbol Side Price Position
2021-02-05 09:55:37 ALPP buy $6.229 long
2021-02-05 10:03:01 ALPP buy $6.267 long
2021-02-05 10:05:36 ALPP buy $6.369 long
2021-02-05 10:09:24 ALPP sell $6.360 0
2021-02-05 10:30:07 ALPP buy $6.710 long
2021-02-05 10:35:55 ALPP sell $6.990 long
2021-02-05 10:41:15 ALPP sell $6.820 0
2021-02-05 10:51:20 ALPP buy $7.075 long
2021-02-05 10:52:56 ALPP sell $7.310 long
2021-02-05 10:56:42 ALPP sell $7.400 long
2021-02-05 10:58:26 ALPP sell $7.410 0
2021-02-05 11:13:25 ALPP buy $7.349 long
2021-02-05 11:15:25 ALPP sell $7.305 0


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