Shared by
motqns88
Ford on my radar due to watching live day trading channel. The long-term trend was BULLISH, the intraday pattern was BULLISH and the news for Ford was BULLISH. News was that Ford plans to double production of the new EV F150 Lightening pickup truck due to high demand. The F150 is supposedly the #1 sold pickup in the USA. The base version of this truck is priced under $40k(Nice!). I got in late (held bid at $22.80) at $22.97-.98 on a pullback hoping for it to break the previous high of $23.14. I got spooked out and sold early due to it not running how I thought it would. The stock ended up doing ABC pattern before breaking to new highs and running up. This should've been an intraday hold w. control in risk. With bigger size (say 500-1000 shares) I could've scaled out some on the initial run up and then added a stop at the previous low and move it up as the trend ran.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-01-04 09:40:30 | F | buy | $22.975 | long |
| 2022-01-04 09:40:30 | F | buy | $22.980 | long |
| 2022-01-04 09:42:15 | F | sell | $22.980 | 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!