ARQQ Trade on Sep 8, 2021 09:30 from mattmatt456: Tradervue User Stock Trades.

Gravatar

Shared by
mattmatt456

 

Based on it's frequent halts and bullish volatility from yesterday and price surge on the final 5min bar before open which settled at it's $14 support line after peaking at $14.50, it looked to be a safe instant-buy upon open. Entry was a touch higher than I would have liked but figured it better to get it at market rather than a fixed price closer to $14 as the risk of missing out entirely was high.

Should have stuck with my $1.00 exit but was a little sleepy in the head this morning and couldn't muster the mettle to stick to my convictions so I exited at the high vwap instead. Had a $17.00 likely opening high on my pre-market charting that I also should have better considered but given the wild volatility from yesterday I was skittish to push. Disappointing that it shot up so much and my entry was damn near perfect but caution is always best.

The big take-away is that on ultra bullish days like today I should rely more on my instincts rather than taking a more calculative approach - which is more ideal for average to bearish days - as I watched probably a dozen terrific entry points come and go that my calculative mindset didn't let me act on. Lesson learned.


Execution detail:

Date/time Symbol Side Price Position
2021-09-08 09:30:05 ARQQ buy $14.200 long
2021-09-08 09:30:13 ARQQ sell $14.821 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!

View plans, Sign up for free, or Log in