VVPR Trade on Mar 30, 2021 14:47 from Steve_Trades: Tradervue User Stock Trades.

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Steve_Trades

 
  • Short $VVPR on what I thought was relatively weak P.R.
  • Risking HOD which also played well into macro resistance on the 60min
  • Happy with that initial entry but took starter size.
  • Trade went in my favor quickly but held looking for the bigger picture fade through the day.
  • Identified $10.97 as a level I would add and took more shares.
  • That wasn't the right call and contributed to me getting shook out near the top there.

Hindsight:
- Take more size on that initial entry. Risk level was clear, and could've taken on more.
- This would have allowed to take a partial cover into the $10.60s, and continue to play it out.
- More patience on the add. Intuition was telling me it wanted to punch a new high and it did.
- Instead I stayed committed to the level I identified on the chart and added.
- Didn't get the big fade I was expecting, so this wouldn't have been the bigger trade I was trying to put together.

  • Don't hate this trade, just didn't work out.

  • -0.75R
    image


Execution detail:

Date/time Symbol Side Price Position
2021-03-30 14:47:38 VVPR sell $11.170 short
2021-03-30 15:12:07 VVPR sell $10.960 short
2021-03-30 15:17:52 VVPR buy $11.250 0


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