Shared by
metp2202
Tags:
Raw momentum
Raw momentum trade, I saw the weakness coming at 9.3 and I started short 1.5 k shares. I got to 6.5 k when the 8.9 level broke and I started to pay myself at 8.7-8.6. I added back size at 8.5 anticipating another flush. I was way too quick to cover my position on the second flush, I missed almost 1 point of the move... this would have made a big difference, I think that I did forget how bad the daily chart is extended on this ticker... Overall sick trade but I wish I could have done a better job with my covers.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2021-06-22 11:11:52 | TRCH | -200 | $9.380 | -200 |
| 2021-06-22 11:11:54 | TRCH | -11 | $9.380 | -211 |
| 2021-06-22 11:11:54 | TRCH | -60 | $9.380 | -271 |
| 2021-06-22 11:11:55 | TRCH | -15 | $9.380 | -286 |
| 2021-06-22 11:14:27 | TRCH | -1214 | $9.300 | -1500 |
| 2021-06-22 11:18:20 | TRCH | -1000 | $9.060 | -2500 |
| 2021-06-22 11:27:27 | TRCH | -1000 | $8.950 | -3500 |
| 2021-06-22 11:28:17 | TRCH | -1000 | $8.960 | -4500 |
| 2021-06-22 11:32:02 | TRCH | -2000 | $8.930 | -6500 |
| 2021-06-22 11:32:36 | TRCH | 100 | $8.830 | -6400 |
| 2021-06-22 11:32:38 | TRCH | 100 | $8.825 | -6300 |
| 2021-06-22 11:32:45 | TRCH | 100 | $8.820 | -6200 |
| 2021-06-22 11:33:49 | TRCH | 200 | $8.770 | -6000 |
| 2021-06-22 11:34:03 | TRCH | 200 | $8.790 | -5800 |
| 2021-06-22 11:35:03 | TRCH | 200 | $8.729 | -5600 |
| 2021-06-22 11:35:03 | TRCH | 2 | $8.720 | -5598 |
| 2021-06-22 11:35:03 | TRCH | 198 | $8.720 | -5400 |
| 2021-06-22 11:35:11 | TRCH | 200 | $8.675 | -5200 |
| 2021-06-22 11:35:27 | TRCH | 200 | $8.685 | -5000 |
| 2021-06-22 11:35:37 | TRCH | 200 | $8.660 | -4800 |
| 2021-06-22 11:35:54 | TRCH | 400 | $8.690 | -4400 |
| 2021-06-22 11:35:54 | TRCH | 400 | $8.700 | -4000 |
| 2021-06-22 11:52:13 | TRCH | -2000 | $8.550 | -6000 |
| 2021-06-22 11:52:44 | TRCH | 200 | $8.466 | -5800 |
| 2021-06-22 11:52:48 | TRCH | 200 | $8.460 | -5600 |
| 2021-06-22 11:52:59 | TRCH | 400 | $8.400 | -5200 |
| 2021-06-22 11:52:59 | TRCH | 200 | $8.409 | -5000 |
| 2021-06-22 11:53:21 | TRCH | 45 | $8.410 | -4955 |
| 2021-06-22 11:53:43 | TRCH | 25 | $8.370 | -4930 |
| 2021-06-22 11:53:43 | TRCH | 175 | $8.370 | -4755 |
| 2021-06-22 11:53:43 | TRCH | 200 | $8.368 | -4555 |
| 2021-06-22 11:53:45 | TRCH | 100 | $8.360 | -4455 |
| 2021-06-22 11:53:45 | TRCH | 100 | $8.360 | -4355 |
| 2021-06-22 11:53:48 | TRCH | 200 | $8.378 | -4155 |
| 2021-06-22 11:53:49 | TRCH | 200 | $8.377 | -3955 |
| 2021-06-22 11:54:03 | TRCH | 200 | $8.330 | -3755 |
| 2021-06-22 11:54:04 | TRCH | 100 | $8.310 | -3655 |
| 2021-06-22 11:54:04 | TRCH | 100 | $8.310 | -3555 |
| 2021-06-22 11:54:06 | TRCH | 200 | $8.280 | -3355 |
| 2021-06-22 11:54:09 | TRCH | 200 | $8.317 | -3155 |
| 2021-06-22 11:54:15 | TRCH | 200 | $8.280 | -2955 |
| 2021-06-22 11:54:39 | TRCH | 60 | $8.290 | -2895 |
| 2021-06-22 11:54:39 | TRCH | 100 | $8.290 | -2795 |
| 2021-06-22 11:54:39 | TRCH | 240 | $8.290 | -2555 |
| 2021-06-22 11:54:46 | TRCH | 400 | $8.250 | -2155 |
| 2021-06-22 11:54:46 | TRCH | 293 | $8.310 | -1862 |
| 2021-06-22 11:54:46 | TRCH | 107 | $8.310 | -1755 |
| 2021-06-22 11:55:09 | TRCH | 400 | $8.339 | -1355 |
| 2021-06-22 11:55:09 | TRCH | 57 | $8.330 | -1298 |
| 2021-06-22 11:55:09 | TRCH | 59 | $8.330 | -1239 |
| 2021-06-22 11:55:09 | TRCH | 211 | $8.330 | -1028 |
| 2021-06-22 11:55:10 | TRCH | 73 | $8.330 | -955 |
| 2021-06-22 11:55:19 | TRCH | 955 | $8.350 | 0 |
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