Notes added 5.6.2021: Ok, first entry exit was abcd and bull flag. Happy with my reading the level II activity for entry, great vol, had to see some big sellers get bought up, then scaled out exits well. first one was to start scalling out if it was going to fail, so first tier 1/6 out, then Level II showed uptrend, good with scaling out when higher with strength but then signs of weakness and hitting a wall of consolidation, Exits: +5c, then +7c, then +10c, then +7c. Happy with that since it was obvious it wasn't going to give me my high goal of 20c in a trade. Happy to recognize the weakness and chose wisely to move on.
Next up not so wise- saw another higher high, still room on the daily to go, in with 300 at 4.447 and it walled at 4.51, resistance here, after watching it consolidate for 1.5 minutes scaled 1/3s out 100 shares , leaving 200 shares for the drive to bust more over the half dollar, but no, weakness here . I didn't take the loss and exit the rest, should have done so at 10c to 15c red, need to remember my 10c to 15c rule AND remember I can always get back in ! don't ride the crap brown downstream river water waste, only ride the clear blue-green river water! I'm holding 200 shares. this was not a good choice because capital is now sitting and waiting for the retracement... it will come, but with my cash account i need the capital to be working - not sitting.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-05-06 10:10:46 | MOSY | buy | $4.320 | long |
2021-05-06 10:11:58 | MOSY | sell | $4.230 | long |
2021-05-06 10:29:24 | MOSY | sell | $4.370 | long |
2021-05-06 10:29:36 | MOSY | sell | $4.390 | long |
2021-05-06 10:29:46 | MOSY | sell | $4.420 | long |
2021-05-06 10:29:56 | MOSY | sell | $4.390 | 0 |
2021-05-06 10:36:48 | MOSY | buy | $4.447 | long |
2021-05-06 10:38:26 | MOSY | sell | $4.510 | long |
2021-05-14 09:41:24 | MOSY | buy | $3.630 | long |
2021-05-14 09:42:01 | MOSY | sell | $3.980 | long |
2021-05-14 09:42:05 | MOSY | sell | $3.950 | long |
2021-05-14 09:42:22 | MOSY | sell | $4.070 | long |
2021-05-14 11:20:35 | MOSY | sell | $4.450 | 0 |
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