Shared by
efernandes
Bought when it bounced off VWAP and was slowly making its way badk to HOD.
Sold along the way.
Got stopped out on last share.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-12-14 13:03:00 | SEAC | buy | $1.618 | long |
| 2021-12-14 13:35:00 | SEAC | sell | $1.700 | long |
| 2021-12-14 13:38:00 | SEAC | sell | $1.704 | long |
| 2021-12-14 13:39:00 | SEAC | sell | $1.770 | long |
| 2021-12-14 13:44:00 | SEAC | sell | $1.825 | long |
| 2021-12-14 13:49:00 | SEAC | sell | $1.872 | long |
| 2021-12-14 14:11:00 | SEAC | sell | $1.710 | 0 |
Comments
efernandes
Good morning!
Thanks! I haven't traded OTC yet, only been trading listed for now.
I actually dont like my exits to be honest. I keep selling too soon in comparison of my risk to reward.
Sure! we can definitely do that!
heregoesnothing
I'm Celine. Sorry, what's your name?
You don't happen to be in the Tim Sykes challenge do you? Maybe there's a better platform for us to chat on than here!
Risk to reward is how I rate my trades. I know some people go on $ or % but I don't like that method, to me r/r is most important. Buying following consolidation, as we do, is the best way to get great risk to reward. I'm confident that if/when the market heats up again we will see better continuation on our patterns and we'll be able to have more conviction to hold longer, but personally, I've adjusted my sells lately to more of a nail and bail because we've been seeing breakouts failing and a very choppy market lately. I mean look at ENSC on Thursday. So glad I sold around 6.75 because otherwise I'd have given all my profit back and stopped out, that was an ugly fail.
So what are your fave tickers going into next week?
I have a lot of recent low floats on my WL, which I keep my eye on, but probably my faves for next week are EFOI, CELZ, ISPC, PPSI, BVXV, BFRI, PTPI, SPRB, ENSC, GRTX. I'll be looking to play multi day triangle breaks on them.
Hey Celine! I'm Eli.
Yes I am in the Sykes Challenge. same name as here efernandes.
Yes, I rate myself on R/R but same as you, I am not really finding the continuation so try to sell too quick.
I have been on holiday for the Christmas so haven't really looked at the market to keep up a watchlist. But most of the tickers you mentioned have been recent spikers so I have then on watch as well. Just haven't narrowed it down to what are likely to run in the next day or 2.
I look for Multiday breakouts or intradaily breakings that could lead to multiday breakouts. I also try #5 First green day. I used to try and trade Day 1 spikers but found myself ended up losing on them more than wining so now I jus throw it on a watchlist to visit when an easier pattern forms
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Hi there, I'm in the process of considering moving over to Tradervue from Tradersync, and have been looking around the site. It alerted me that you traded some of the trades I uploaded and I've been looking through your recent trades and wow, you have the exact same trading style as me! We are trading the same stocks, have very similar entries and stops, but I must say, your exits are excellent. I'm trying to improve my exits holding longer. I'm a very conservative trader and I definitely lock in too quickly. I've been trading OTCs for a long time but this year I really focused on nailing a listed strategy. Would be great to hear from you if you want to bounce ideas around or discuss trades/plans etc.
Merry Christmas!