Shared by
Constantine_BOWS
I was trading Gree-to-Red move here. When I entered it made a good red candle, but it bounced from the previous close level. And I added half more to the position, because I thought, that the stock was going to continue its yesterday's trend line. I placed my stop at VWAP at $36.30.
And it flushed. I took $1 profit, and left 100 shares for a lotto with a stop under the previous close. If I was more attentive, I would notice, that there was a 1-2-3 figure at a 2 days 5-min chart...
Risk/reward: 1/3. Gain in %: 2.36%
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-10-13 10:03:33 | UVXY | sell | $33.800 | short |
| 2015-10-13 10:17:17 | UVXY | sell | $33.980 | short |
| 2015-10-13 11:08:55 | UVXY | buy | $32.790 | short |
| 2015-10-13 11:34:02 | UVXY | buy | $33.400 | 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!