NNVC Trade on Mar 2, 2021 12:05 from metp2202: Tradervue User Stock Trades.

Gravatar

Shared by
metp2202

 

Shares traded: 4000
Closed Gross P&L: $-824.50

Tags:

Random catalyst

Got back in at 7.32 starter size 500 shares, I was emotional / not convince about this trade idea so I micro manage the trade on the squeeze above 7.5, took a loss there. That was extremely stupide, beginner's mistake. I got back in at 7.28 500 shares, added a bunch of size at 7 on the tight consolidation wide stop above 7.5 and got stopped out. that was it for the day, my confidence was fucked at that point. I spent the afternoon reviewing / finding where my losses are coming from lately. Random catalyst day 1 are tough for me in this market environment and I'm not profitable on them, therefore I will avoid them going forward. Will just not look at those chart/ keep em off my premarket watchlist.


Execution detail:

Date/time Symbol Qty Price Position
2021-03-02 12:05:20 NNVC -100 $7.320 -100
2021-03-02 12:05:21 NNVC -100 $7.320 -200
2021-03-02 12:05:21 NNVC -200 $7.320 -400
2021-03-02 12:05:21 NNVC -100 $7.320 -500
2021-03-02 12:15:11 NNVC 400 $7.550 -100
2021-03-02 12:15:11 NNVC 100 $7.550 0
2021-03-02 12:16:42 NNVC -7 $7.270 -7
2021-03-02 12:16:42 NNVC -493 $7.270 -500
2021-03-02 12:28:26 NNVC -250 $7.090 -750
2021-03-02 12:35:03 NNVC -300 $7.030 -1050
2021-03-02 12:41:07 NNVC -50 $7.140 -1100
2021-03-02 12:42:07 NNVC -100 $7.080 -1200
2021-03-02 12:45:11 NNVC -100 $7.030 -1300
2021-03-02 12:45:11 NNVC -200 $7.030 -1500
2021-03-02 13:00:36 NNVC 635 $7.600 -865
2021-03-02 13:00:36 NNVC 2 $7.600 -863
2021-03-02 13:00:36 NNVC 40 $7.600 -823
2021-03-02 13:00:36 NNVC 25 $7.600 -798
2021-03-02 13:00:36 NNVC 100 $7.600 -698
2021-03-02 13:00:36 NNVC 100 $7.600 -598
2021-03-02 13:00:36 NNVC 86 $7.600 -512
2021-03-02 13:00:36 NNVC 500 $7.600 -12
2021-03-02 13:00:36 NNVC 12 $7.600 0


Comments

2021-03-04 12:44:47
 

From my point of view, your risklevel were not valid. Logical point would have been 8.72.

2021-03-04 13:27:22
 

regardless of what was the ''right stop'', is that a trade/ a setup where I can scale up to 200 k shares in the future and make massive pnl? I really doubt, really hard to scale up those low float trades... I should have avoided that POS. poor price action

2021-03-04 13:34:31
 

I disagree with you on that. Your timing was wrong. These types of stock trade more than 100 million shares a day.

2021-03-04 13:35:38
 

I traded it as well, but I made the same mistake. My risklevel was random.

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