Shared by
metp2202
Tags:
My thesis on NLSP was exactly the same as HOTH this morning, I was looking for a fade as the sector seemed pretty weak (IMMX going down, PSTV was super weak, HOTH was giving back it's gain above VWAP). I got stopped out 3 times so I quit on trading this name for the day. Like I wrote on my HOTH loss, I need to avoid those $2 name going forward until I regain some confidence/ consistency in trading them. I need to be more selective with my entry with regard to the structure of the chart, I think that I'm way too aggressive at places where it's hard to get more follow through. difficult time, stuck in a drawdown again, I will implement some stricter rules and drop my lock down to make sure that I don't dig my whole deeper.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2022-01-04 10:43:03 | NLSP | -6549 | $1.890 | -6549 |
| 2022-01-04 10:43:03 | NLSP | -1451 | $1.890 | -8000 |
| 2022-01-04 10:44:08 | NLSP | -4000 | $1.880 | -12000 |
| 2022-01-04 10:44:44 | NLSP | 4000 | $1.909 | -8000 |
| 2022-01-04 10:44:52 | NLSP | 4000 | $1.930 | -4000 |
| 2022-01-04 10:46:23 | NLSP | -4000 | $1.880 | -8000 |
| 2022-01-04 10:46:25 | NLSP | -600 | $1.870 | -8600 |
| 2022-01-04 10:46:25 | NLSP | -1200 | $1.870 | -9800 |
| 2022-01-04 10:46:25 | NLSP | -2200 | $1.870 | -12000 |
| 2022-01-04 10:46:28 | NLSP | -4000 | $1.860 | -16000 |
| 2022-01-04 10:52:49 | NLSP | 100 | $1.920 | -15900 |
| 2022-01-04 10:52:49 | NLSP | 100 | $1.920 | -15800 |
| 2022-01-04 10:52:49 | NLSP | 100 | $1.920 | -15700 |
| 2022-01-04 10:52:49 | NLSP | 300 | $1.920 | -15400 |
| 2022-01-04 10:52:49 | NLSP | 900 | $1.920 | -14500 |
| 2022-01-04 10:52:49 | NLSP | 500 | $1.920 | -14000 |
| 2022-01-04 10:52:49 | NLSP | 100 | $1.920 | -13900 |
| 2022-01-04 10:52:49 | NLSP | 905 | $1.920 | -12995 |
| 2022-01-04 10:52:49 | NLSP | 4 | $1.920 | -12991 |
| 2022-01-04 10:52:49 | NLSP | 100 | $1.920 | -12891 |
| 2022-01-04 10:52:49 | NLSP | 1472 | $1.920 | -11419 |
| 2022-01-04 10:52:49 | NLSP | 300 | $1.920 | -11119 |
| 2022-01-04 10:52:49 | NLSP | 10 | $1.920 | -11109 |
| 2022-01-04 10:52:49 | NLSP | 200 | $1.920 | -10909 |
| 2022-01-04 10:52:49 | NLSP | 200 | $1.920 | -10709 |
| 2022-01-04 10:52:49 | NLSP | 100 | $1.920 | -10609 |
| 2022-01-04 10:52:49 | NLSP | 1 | $1.920 | -10608 |
| 2022-01-04 10:52:49 | NLSP | 2000 | $1.920 | -8608 |
| 2022-01-04 10:52:50 | NLSP | 20 | $1.920 | -8588 |
| 2022-01-04 10:52:50 | NLSP | 37 | $1.920 | -8551 |
| 2022-01-04 10:52:50 | NLSP | 213 | $1.920 | -8338 |
| 2022-01-04 10:52:50 | NLSP | 300 | $1.920 | -8038 |
| 2022-01-04 10:52:50 | NLSP | 1000 | $1.920 | -7038 |
| 2022-01-04 10:52:50 | NLSP | 300 | $1.920 | -6738 |
| 2022-01-04 10:52:50 | NLSP | 3400 | $1.920 | -3338 |
| 2022-01-04 10:52:50 | NLSP | 100 | $1.930 | -3238 |
| 2022-01-04 10:52:50 | NLSP | 112 | $1.930 | -3126 |
| 2022-01-04 10:52:50 | NLSP | 326 | $1.930 | -2800 |
| 2022-01-04 10:52:50 | NLSP | 100 | $1.930 | -2700 |
| 2022-01-04 10:52:50 | NLSP | 25 | $1.930 | -2675 |
| 2022-01-04 10:52:50 | NLSP | 200 | $1.930 | -2475 |
| 2022-01-04 10:52:50 | NLSP | 2475 | $1.930 | 0 |
| 2022-01-04 10:58:06 | NLSP | -4000 | $1.950 | -4000 |
| 2022-01-04 10:58:07 | NLSP | -55 | $1.950 | -4055 |
| 2022-01-04 10:58:07 | NLSP | -400 | $1.950 | -4455 |
| 2022-01-04 10:58:07 | NLSP | -100 | $1.950 | -4555 |
| 2022-01-04 10:58:07 | NLSP | -740 | $1.950 | -5295 |
| 2022-01-04 10:58:07 | NLSP | -204 | $1.950 | -5499 |
| 2022-01-04 10:58:07 | NLSP | -1500 | $1.950 | -6999 |
| 2022-01-04 10:58:07 | NLSP | -100 | $1.950 | -7099 |
| 2022-01-04 10:58:07 | NLSP | -50 | $1.950 | -7149 |
| 2022-01-04 10:58:07 | NLSP | -20 | $1.950 | -7169 |
| 2022-01-04 10:58:07 | NLSP | -10 | $1.950 | -7179 |
| 2022-01-04 10:58:07 | NLSP | -3 | $1.950 | -7182 |
| 2022-01-04 10:58:07 | NLSP | -100 | $1.950 | -7282 |
| 2022-01-04 10:58:07 | NLSP | -155 | $1.950 | -7437 |
| 2022-01-04 10:58:07 | NLSP | -63 | $1.950 | -7500 |
| 2022-01-04 10:58:07 | NLSP | -437 | $1.950 | -7937 |
| 2022-01-04 10:58:07 | NLSP | -63 | $1.950 | -8000 |
| 2022-01-04 10:58:18 | NLSP | 4000 | $1.990 | -4000 |
| 2022-01-04 10:59:02 | NLSP | 100 | $2.020 | -3900 |
| 2022-01-04 10:59:02 | NLSP | 1541 | $2.020 | -2359 |
| 2022-01-04 10:59:02 | NLSP | 130 | $2.020 | -2229 |
| 2022-01-04 10:59:02 | NLSP | 430 | $2.020 | -1799 |
| 2022-01-04 10:59:02 | NLSP | 160 | $2.020 | -1639 |
| 2022-01-04 10:59:02 | NLSP | 1364 | $2.020 | -275 |
| 2022-01-04 10:59:02 | NLSP | 275 | $2.020 | 0 |
| 2022-01-04 11:09:15 | NLSP | -4000 | $2.021 | -4000 |
| 2022-01-04 11:21:19 | NLSP | 1051 | $2.140 | -2949 |
| 2022-01-04 11:21:19 | NLSP | 24 | $2.140 | -2925 |
| 2022-01-04 11:21:19 | NLSP | 100 | $2.140 | -2825 |
| 2022-01-04 11:21:19 | NLSP | 50 | $2.140 | -2775 |
| 2022-01-04 11:21:19 | NLSP | 300 | $2.140 | -2475 |
| 2022-01-04 11:21:19 | NLSP | 1000 | $2.140 | -1475 |
| 2022-01-04 11:21:19 | NLSP | 20 | $2.140 | -1455 |
| 2022-01-04 11:21:19 | NLSP | 200 | $2.140 | -1255 |
| 2022-01-04 11:21:19 | NLSP | 4 | $2.140 | -1251 |
| 2022-01-04 11:21:19 | NLSP | 1251 | $2.140 | 0 |
Comments
shultomz
My fault dude I did not even realize you were going short in this trade. Best of luck in your trading career keep studying it will pay off.
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Dude. You're way overthinking this. Your entries were a little high but your thesis on the stock was correct. Give yourself a risk-off level with some room to breathe. I took similar entries and set a stop loss at the wick at 1.75 and then took my hands off my MnK. Your sells look emotional not planned. Best of luck.