NAOV Trade on Apr 5, 2021 09:47 from rrodriguez: Tradervue User Stock Trades.

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Shared by
rrodriguez

 

Shares traded: 400
Closed Gross P&L: $-9.37

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Bought the Top Frontside Discretionary TradePatternORB TimeframeRegularSession

The first lot was purchased as it ripped above the previous pivot high of .

Plan:
Strategy: Pivot one 1' chart, then bbb after 2R.
Entry Signal: Breakout past previous HOD 1.35
Stop Entry: market order entry
Actual Entry: 1.3551 (Splippage xxx cent)
Stop Loss @ : 9.5 cents (1.26)
Exit : 1.35 (-0.51 cents)
R:-0.05R
What Made me break strategy: Saw A topping candle at 1.4, Raised my stop loss up to the two previous bars low, and the 4th bar at 9:51 pm tapped me out.

I tried getting back in the second time, but It pretty much sold off @ 9.52 and made me lose close to 10 cents within 20 seconds.

If I would have done a 2R set it and forget it strategy. I would have not reached the target since the next candle got up to 1.42 (0.89R) @ 9:52amsold.
This was a bad entry. Something happened at 9:52 that caused the stock to sell of to 1.38 in that same minute ( -15 cent range)


Execution detail:

Date/time Symbol Qty Price Position
2021-04-05 09:47:51 NAOV 100 $1.355 100
2021-04-05 09:51:26 NAOV -100 $1.350 0
2021-04-05 09:52:35 NAOV 7 $1.400 7
2021-04-05 09:52:35 NAOV 3 $1.400 10
2021-04-05 09:52:35 NAOV 90 $1.400 100
2021-04-05 09:52:54 NAOV -100 $1.311 0


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