CCJ Trade on Aug 31, 2022 09:31 from quanphan135: Tradervue User Stock Trades.

Same thing with CCJ. Was stock in play pick by me for new trading strategy, shouldn't trade it with real money to test out. The good thing is I was hit the bid after knowing my testing strategy will not work so get a small lost only but is affect my overall trading day.

Stock was gaping down during pre-market from 29.8 to 28.30, previous close were 29.68. Market open at support 28.81, during first min candle, stock was plumed. Above vwap, heavy seller at 28.72 but did not broke support 28.60~.

Then seller was lift, retest its vwap, going up to 29.90. Though is a good setup, I enter 100 shares of SHORT at 29.90, looking for potential exit 28.60 (30 cents or more) and exist loss at $29.

Stock does broke resistance 29, I HIT THE BID, sell my position at minimum loss at -$15.99. Stock keep going up despite bad news. After exist position at small loss. I was focus to another stock in play. CCJ end up bump broke it resistance 29.80 but didnt stay there and flush down at 9:45.

Good Things I did: I hit the BID based on my plan before entering the trade. I have if and then statement, where to enter, when is exit gain and where is exit loss in place.

If I could play better: I would wait that 15m when market just open, make sure all the buyer finish the pump and SHORT from the high if there is bid is lift at resistance 29.90