Shared by
AJL890
Mis-managed this trade big time, I got too greedy and stubborn thats the reality.
First, the initial trade was way too extended, it was only intended for a scalp but I got GREEDY and wanted more lol. Dumb greedy ass had $180 first 10seconds into the trade... then when it squeezed it was sort of bear flagging, I entered another 300shares short.
I should have covered over 20.75 (my initial stop loss), instead i kept adjusting it (stubborness, I really thought this was going to crack lol), then it spiked and made a very bullish looking chart, I almost longed NAV at my cover 21.07 but since I've managed teh trade so poorly, my mind wasn't thinking straight (in the moment) and I froze.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2012-12-19 09:52:59 | NAV | sell | $20.505 | short |
| 2012-12-19 09:52:59 | NAV | sell | $20.505 | short |
| 2012-12-19 09:53:00 | NAV | sell | $20.505 | short |
| 2012-12-19 10:03:29 | NAV | sell | $20.445 | short |
| 2012-12-19 11:04:23 | NAV | buy | $21.070 | short |
| 2012-12-19 11:04:23 | NAV | buy | $21.069 | short |
| 2012-12-19 11:04:23 | NAV | buy | $21.069 | short |
| 2012-12-19 11:04:23 | NAV | buy | $21.069 | short |
| 2012-12-19 11:04:23 | NAV | buy | $21.070 | short |
| 2012-12-19 11:04:23 | NAV | buy | $21.070 | 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!