NNVC Trade on Mar 2, 2021 11:37 from metp2202: Tradervue User Stock Trades.

Gravatar

Shared by
metp2202

 

Shares traded: 3200
Closed Gross P&L: $-1092.50

Tags:

Random catalyst

I wanted to reallocate risk therefore I got short at 7 with 1600 shares, I was close to triple the size of my initial position and I was risking vwap ish. I thought that the trend was establish to the down side and that a move back up to VWAP would be very unlikely. the structure of the chart didn't make too much sense IMO for me to short where I did. I think that we were quite extended to the downside and that I could have been more patient before deploying some more risk. This is not a trade setup that I'm super familiar with. I got stopped out at 7.73. My risk allocation did not make any fucking sense here, putting 3x the risk that I had initially on my first trade while the risk reward was significantly lower on that trade.


Execution detail:

Date/time Symbol Qty Price Position
2021-03-02 11:37:07 NNVC -400 $7.020 -400
2021-03-02 11:37:07 NNVC -100 $7.020 -500
2021-03-02 11:37:07 NNVC -100 $7.020 -600
2021-03-02 11:38:56 NNVC -200 $6.960 -800
2021-03-02 11:38:56 NNVC -250 $6.960 -1050
2021-03-02 11:38:56 NNVC -50 $6.960 -1100
2021-03-02 11:47:02 NNVC -100 $7.170 -1200
2021-03-02 11:47:02 NNVC -100 $7.160 -1300
2021-03-02 11:47:02 NNVC -50 $7.160 -1350
2021-03-02 11:47:02 NNVC -100 $7.170 -1450
2021-03-02 11:47:02 NNVC -100 $7.170 -1550
2021-03-02 11:47:02 NNVC -50 $7.170 -1600
2021-03-02 11:55:21 NNVC 500 $7.730 -1100
2021-03-02 11:55:21 NNVC 100 $7.730 -1000
2021-03-02 11:55:21 NNVC 100 $7.730 -900
2021-03-02 11:55:21 NNVC 100 $7.730 -800
2021-03-02 11:55:21 NNVC 100 $7.730 -700
2021-03-02 11:55:21 NNVC 100 $7.730 -600
2021-03-02 11:55:21 NNVC 100 $7.730 -500
2021-03-02 11:55:21 NNVC 100 $7.730 -400
2021-03-02 11:55:21 NNVC 100 $7.730 -300
2021-03-02 11:55:21 NNVC 100 $7.730 -200
2021-03-02 11:55:21 NNVC 100 $7.730 -100
2021-03-02 11:55:21 NNVC 100 $7.730 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!

View plans, Sign up for free, or Log in