Shared by
wolfgtweb
Stupid, Stupid, Stupid. I am so pissed at myself for this trade. I did exactly the opposite of my plan for the day. I put myself into a very risky trade and then kept adding to my position with the "HOPE" that it would do what I thought it would do. Luckily, it did. But this could have been really bad. Stupid.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-02-25 09:25:26 | ASRV | sell | $4.930 | short |
| 2021-02-25 09:25:26 | ASRV | sell | $4.930 | short |
| 2021-02-25 09:25:26 | ASRV | sell | $4.930 | short |
| 2021-02-25 09:25:26 | ASRV | sell | $4.930 | short |
| 2021-02-25 09:25:26 | ASRV | sell | $4.930 | short |
| 2021-02-25 09:25:26 | ASRV | sell | $4.930 | short |
| 2021-02-25 09:25:26 | ASRV | sell | $4.930 | short |
| 2021-02-25 09:25:27 | ASRV | sell | $4.930 | short |
| 2021-02-25 09:37:32 | ASRV | sell | $5.050 | short |
| 2021-02-25 09:43:17 | ASRV | sell | $5.270 | short |
| 2021-02-25 09:43:17 | ASRV | sell | $5.270 | short |
| 2021-02-25 09:43:17 | ASRV | sell | $5.270 | short |
| 2021-02-25 09:43:17 | ASRV | sell | $5.270 | short |
| 2021-02-25 09:43:17 | ASRV | sell | $5.270 | short |
| 2021-02-25 09:45:38 | ASRV | buy | $5.030 | short |
| 2021-02-25 09:47:28 | ASRV | buy | $5.030 | short |
| 2021-02-25 09:47:28 | ASRV | buy | $5.030 | short |
| 2021-02-25 09:47:28 | ASRV | buy | $5.030 | 0 |
Comments
wolfgtweb
My original target was $4.53. Which was a $.40 target right above the possible support of the half dollar. But when it jumped on me, it scared me a bit. So after adding and it pulling back, I just set a $.10 target to get out. I wasn't about to see it jump again and miss out on profit. It's always hard to look back later in the day like this and see I could have made a lot more. But my favorite quote that I try to go by ... "You will never go broke taking profit.".
Joes_Trading_Shop
I looked over your recent trades and you are trading well. Both long and short. Ive been playing really small size since I just started playing in the low float space again. Gotta get some more size on. Nothing crazy, just more than $100 days
Thanks. I have been on small size (1000 shares per trade) over the last 2 weeks as a punishment for a huge mistake two weeks ago (before I started sharing trades). Today my probation is over and plan on ramping up after good behavior. My target is a $.20 profit per day. So if I am trading 1000 shares per trade, that would be $200. Today was a 2000 share trade and managed $660 (SRTS). So, I'm done. Good luck. Have a good weekend.
Joes_Trading_Shop
Impressive with being both long and short biased. Let me know if you want to stay in touch. We seem to both trade the same types of plays. Ive been trading on an island and nice to at least have somebody to correspond with about trading on occassion. email is ocalanative@yahoo.com
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!
Way to acknowledge your risky trade