JSPR Trade on Jan 3, 2023 09:50 from rrodriguez: Tradervue User Stock Trades.

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Shared by
rrodriguez

 

Shares traded: 80
Closed Gross P&L: $-18.00

Tags:

CatalystYes Frontside Parabolic Trade Discretionary AssetTypeEquities TimeframeRegularSession

Rvol: 1043.57
Float: 12.73M
Market Cap: 104.08
Short Float 1.08%
Catalyst:Jasper Therapeutics Reports 'Positive' Data From Phase I/II Trial for Blood Disorders; Shares Soar

The set-up: Parabolic Trade. Entry on 5min chart, risk low of first 5min candle that exploded ( 1.40).
What I did Right: Set a wide hard stop.
What I did Wrong: Cancelled my hard stop, and sold early. Panicked. Did not set a profit target of either 2R or 3R limit order.
Where I could improve: Place hard targets in system, and do not prematurely cancel stoploss. Missed out on potetial profit.
Trade grade: C
-------------------------------------
Big-picture: Parabolic Setup
Trade parameters: L 2.04 x1.40 SL
Entry:
Trade Management: walked out on 0.8 R Loss, when i could have nailed at least a 2 R win.
Exit


Execution detail:

Date/time Symbol Qty Price Position
2023-01-03 09:50:53 JSPR 40 $2.180 40
2023-01-03 10:07:42 JSPR -40 $1.730 0


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