MEDS Trade on Jun 10, 2021 14:04 from yoosh: Tradervue User Stock Trades.

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yoosh

I was anticipating a breakout again, however this stock had a huge run did not consolidate nicely. I was really trying to buy a vwap bounce and hoping for some upside that never came. I did not stop out on the stop and lost more than I needed too.

I find it is so easy to let me losers run and my winners not.

Execution detail:

Date/time	Symbol	Side	Price	Position
2021-06-10 14:04:26	MEDS	buy	$8.840	long
2021-06-10 14:06:40	MEDS	buy	$8.620	long
2021-06-10 14:26:08	MEDS	sell	$7.500	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MEDS&trade=31881888&end=20210710&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MEDS&trade=31881888&end=20210610155008&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MEDS&trade=31881888&end=20210610160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=MEDS&trade=31881888&end=20210610160000&i=m60&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

lita

2021-06-11 13:42:38

meds killed me too

Ar49

2021-06-11 16:54:56

hey man if a stock is gonna give a second leg especially after running almost 100% since the open its gonna need time to accumulate and trap more short sellers near or at vwap for 30 minutes to an hour and a half this trap usually happens from 11:30 to 1PM after 1PM it is less likely from what I've experienced. In this case you were going long at around 1:30PM to 2PM I can't tell exactly but just know that after 1PM it can be a little harder to get a good long entry especially if no higher lows forming like in this case the stock kept making lower highs after It topped out at 10.50, hope this helps .

yoosh

2021-06-13 10:30:55

Thanks for the feedback AR49. I have usually seen these runners bounce of vwap and give a nice bounce back to high of day and then fade off. After the bounce I saw a higher low made, so that was my entry, but it did not work this time.

Ar49

2021-06-16 19:36:39

I see what u mean about that higher low where u got in but it was a bit premature there. I would classify a higher low more so if it broke through 9 and retested and held there in my opinion that would've been a higher low. But u had a good trade thesis. and u didnt bag hold which is good. just maybe work a bit more on entries and patience.

MEDS Trade on Jun 10, 2021 14:04 from yoosh: Tradervue User Stock Trades.

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