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GRTX

Apr 29, 2021 08:01


Tags:

Float: 10-30M Front Side Trade IO: 75-80% Long Long Above VWAP News: Clinical Trial Data PM SI: 0-5% Setup: Flag Break Setup: News Catalyst

  • Poorly traded. Missed the best context flag at 0700 hrs and found myself stalking this ticker looking for an entry.
  • Took a technical flag break at 0801 hrs, but it was already feeling heavy.
  • Stop was too wide for what the action was.
  • Result: -2R (it has been a long while since I have had a loss greater than -1R - poor risk management).

Execution detail:

Date/time Symbol Side Price Position
2021-04-29 08:01:34 GRTX buy $9.720 long
2021-04-29 08:01:34 GRTX buy $9.720 long
2021-04-29 08:01:34 GRTX buy $9.720 long
2021-04-29 08:04:07 GRTX sell $9.320 0


Comments

2021-04-29 21:16:33
 

Bitch got me too. Only clean trade was at 0700 as it moved higher to $10. Too much institutional money/algos on this stock. Made it untradeable.

2021-05-01 08:34:34
 

Hey man. Yeah, that trade opportunity at 0700 was a perfect setup. So clean. My bad on missing it and my bad on chasing it to the trade that I did make. Hope you didn't get cut-up too badly. Have a good one!

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