CELH Trade on Apr 29, 2021 00:00 from aristocks: Tradervue User Stock Trades.

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Shared by
aristocks

 

Shares traded: 2000
Closed Gross P&L: $16810.00

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CELH

Bought 1000 shares of $CELH, after already owning 1000 at 62, because I was thinking that downside was minimal.

Update on 2021-05-24 03:43:31 This trade costed me in many ways as unfortunately my prediction were totally wrong in the short term:

The stock kept going down and down!!! THE MISTAKES that I need to learn once and for all are:

  • Sell the losing trade. Better take a loss immediately than hoping for rebund. Usually the loss end up being x10 greater if I dont sell.
  • if I would have sold them, I could have bought them back at cheaper and make a huge profit and cover all the losses..
  • DO NOT DOUBLE DOWN ON LOOSING TRADES UNLESS YOU ARE WILLING AND ABLE TO STAND THE PASSAGE OF TIME AND NOT GET STOPPED OUT
  • If you are unsure of a trade, buy only small position initially.. 100 max 200 shares.

Execution detail:

Date/time Symbol Qty Price Position
2021-04-29 00:00:00 CELH 1000 $59.880 1000
2021-06-02 10:46:50 CELH -500 $73.000 500
2021-06-04 00:00:00 CELH -300 $79.300 200
2021-06-07 00:00:00 CELH -200 $82.000 0


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