NNVC Trade on Mar 2, 2021 09:34 from yoosh: Tradervue User Stock Trades.

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yoosh

 

This was a slight variation to the dip and rip pattern which I call the open re-claim. Tim normally says to buy the breakout level, however I find that I miss most of the move if I buy that high.

The high during premarket was $9, however as soon as the market opened we dipped.

In the first five minute I thought we had set a bottom so I took a very small starter size. The next 5 minutes the stocks went even lower and I was going to sell and I kept moving my risk level lower to important areas. These key levels actually held and it gave me conviction that IF it broke those level I MUST sell. The open price was $8.10 and I tried to buy the break of this with bigger size risking a break of $7.97 as this was the bottom of the consolidation area during pre market. As soon as this happened my broker platform froze and my charts and level two stopped working!!!!

I had no idea was happening and just sold all my shares. LUCKILY I caught near the top was not part of the crash.

After this trade I decided not to trade any more becase it has been a while since I have had a green day and I did not want to lose any of my gains. I have done this before and it hurts a lot.


Execution detail:

Date/time Symbol Side Price Position
2021-03-02 09:34:41 NNVC buy $7.590 long
2021-03-02 09:48:03 NNVC buy $8.120 long
2021-03-02 09:49:46 NNVC sell $8.480 0


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