The first was a mini flag after the stock pulled back a bit. Good entry and sold into the breakout. Cut down on my sizing because of the volatile action. The second trade here looks like a second breakout flag. I got antsy and the volume was low so I set a smaller stop and a lower target. I got out at my target and the price shot up to high of day at $15.88. Should have kept my original target of $15.69. Still not a bad trade. I did not take a big size because I was not sure how well the second flag would work after the stock had pulled back a bit. I think because of the low float, the action on the stock today is actually pretty fast. Will look to short it if it breaks HOD again ($16 level). The last entry was bad. I chased it a bit and should have had more patience to enter below $15.10. It worked out ok, volume was low so I just took the profit on a small spike up.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-09-09 11:21:23 | VTAE | buy | $14.610 | long |
2015-09-09 11:27:31 | VTAE | sell | $15.300 | 0 |
2015-09-09 11:41:07 | VTAE | buy | $15.220 | long |
2015-09-09 11:41:07 | VTAE | buy | $15.220 | long |
2015-09-09 11:53:23 | VTAE | sell | $15.495 | long |
2015-09-09 11:53:23 | VTAE | sell | $15.490 | 0 |
2015-09-09 12:16:53 | VTAE | buy | $15.230 | long |
2015-09-09 12:16:53 | VTAE | buy | $15.230 | long |
2015-09-09 12:30:51 | VTAE | sell | $15.500 | 0 |
2015-09-09 12:50:54 | VTAE | buy | $15.050 | long |
2015-09-09 12:50:54 | VTAE | buy | $15.050 | long |
2015-09-09 12:51:25 | VTAE | sell | $14.820 | long |
2015-09-09 12:51:25 | VTAE | sell | $14.835 | 0 |
2015-09-09 12:52:19 | VTAE | buy | $14.800 | long |
2015-09-09 12:53:29 | VTAE | sell | $14.600 | 0 |
2015-09-09 12:57:05 | VTAE | buy | $14.538 | long |
2015-09-09 12:57:05 | VTAE | buy | $14.537 | long |
2015-09-09 13:15:46 | VTAE | sell | $14.480 | long |
2015-09-09 13:15:46 | VTAE | sell | $14.480 | 0 |
Agreed. I nibbled way too much. Still feeling my way around especially the faster moving stocks. Thanks for the feedback, Kunal!
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a few too many trades but that fisrt one was hot!