CTIB Trade on Feb 23, 2021 10:13 from Jrow3: Tradervue User Stock Trades.

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Jrow3

 
1. Decent trade idea given it was a flag testing daily highs (b- to b)
    - Contraindications:
        § The initial push before the pullback was not huge relative to prior moves
        § Third pullback
2. Risk - .75 stop (.10)
    a. Reward - break of whole dollar (.15 +)
3. I sized down below 1/4 as it was a 3rd pullback, weak internet, and not a great initial move
4. Managed the position by having to cut it entirely as it broke my SL and internet lagged with the volume
5. Learned - it is necessary to cut fast on failed breakouts like this one as they reverse hard when sellers take control

Execution detail:

Date/time Symbol Side Price Position
2021-02-23 10:13:04 CTIB buy $4.850 long
2021-02-23 10:13:08 CTIB sell $4.750 0


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