SSY Trade on Mar 16, 2021 12:46 from metp2202: Tradervue User Stock Trades.

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Shared by
metp2202

 

Shares traded: 2850
Closed Gross P&L: $-600.50

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Random catalyst

I did try to long SSY today as this is a setup that I'm currently building/ tracking. It is def not my specialty and I knew that it was more risky/ not in my lane so I dropped the size quite a bit. My first try was above vwap when we were coming back up above 6, I thought that we could quickly squeeze to 6.5 if we break the 6.2 line. Granted there was still some more resistance overhead from the morning but given the low float and the massive vol that it was trading I thought that it was a potential idea, the trend was still clearly to the upside. I got stopped out at 5.5 for a small loss. I got back involve at 5.9 when we were retesting the 6 area, I got more aggressive above 6 anticipating that this time we would break 6.3, got stopped out again at 5.5. The lesson here i believe is that I don't have enough data/ stats yet to be longing those random catalyst day 1 play. I think that I need to figure if they work in the afternoon/ if there is edge going long when we are way above vwap etc...


Execution detail:

Date/time Symbol Qty Price Position
2021-03-16 12:46:29 SSY 100 $5.950 100
2021-03-16 12:52:18 SSY 100 $6.230 200
2021-03-16 12:52:18 SSY 369 $6.230 569
2021-03-16 12:52:18 SSY 31 $6.230 600
2021-03-16 12:55:34 SSY -350 $5.540 250
2021-03-16 12:55:34 SSY -200 $5.540 50
2021-03-16 12:55:34 SSY -50 $5.540 0
2021-03-16 13:19:05 SSY 100 $5.890 100
2021-03-16 13:21:05 SSY 25 $6.020 125
2021-03-16 13:21:30 SSY 300 $6.160 425
2021-03-16 13:21:58 SSY 100 $6.090 525
2021-03-16 13:21:58 SSY 100 $6.090 625
2021-03-16 13:21:59 SSY 100 $6.090 725
2021-03-16 13:21:59 SSY 100 $6.100 825
2021-03-16 13:22:05 SSY -100 $6.150 725
2021-03-16 13:22:05 SSY -100 $6.140 625
2021-03-16 13:22:05 SSY -100 $6.150 525
2021-03-16 13:22:05 SSY -100 $6.140 425
2021-03-16 13:35:01 SSY -25 $5.600 400
2021-03-16 13:35:03 SSY -400 $5.530 0


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