Shared by
GeoJosh
Lovely Stock Selection, thanks to Steve.
I first entered long hoping the support would hold at at $37. The stock quickly moved against me. I quickly reassess and noticed bearish sentiment and that the net order-flow was bearish. I re-entered at 36.24 and ride the trend for the entire day. I took off half my position at around midday and another 50% an 1-hour before the close. Balance was taken 15 mins before the close. I did reentered on the PB near the close, taking a small profit.
Lesson learnt: Given the stock was trending strong in my direction, I should have considered adding some more size
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-05-17 10:25:54 | DISCA | sell | $36.240 | short |
| 2021-05-17 12:30:38 | DISCA | buy | $34.508 | short |
| 2021-05-17 15:03:00 | DISCA | buy | $33.720 | short |
| 2021-05-17 15:05:29 | DISCA | buy | $33.830 | 0 |
| 2021-05-17 15:44:34 | DISCA | sell | $34.050 | short |
| 2021-05-17 15:57:14 | DISCA | buy | $33.856 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!