SSY Trade on Mar 16, 2021 10:03 from VossiBop: Tradervue User Stock Trades.

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VossiBop

 

I made a couple mistakes yesterday that led me to take a sizeable loss on this trade. First of all, I knew going into the morning that I was tight on time and only had a couple hours to trade. So instead of waiting for the best possible setup, I jumped into SSY as soon as it was somewhat resembling a wedge pattern. This low floater was extremely volatile in the morning, and if it had worked I would have been paid out very handsomely, very quickly. Unfortunately, I was so rushed and out of the zone I failed to notice the potential risk of playing a volatile stock like this. When my stop loss triggered, I took a ton of slippage on the way down because the stock was moving so fast. If I was in the right mindset I probably would have avoided a risky play like this but because I was rushing myself I took on more risk than I should.


Execution detail:

Date/time Symbol Side Price Position
2021-03-16 10:03:18 SSY buy $6.680 long
2021-03-16 10:05:28 SSY sell $6.080 0


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