Shared by
Dandres
No significantly moving stock in premarket
- One of those stocks you watch on choppy days.
Open
- Looked like the break of VWAP on good confirmation on 1 min and 5 min charts. I got in short and added on a 1 min pull back. After this the whole price action started looking fucking wonky as hell. I should NOT have held as long as I did because with the way it was chopping up and down with no clear pattern and I direction, I could have very easily lost on this. YOU GOT LUCKY Ive never seen a stock trade like this and I don't know what it was, the price action and movement was not clear and fluid at all, not sure what could cause that, maybe low volume?
Reflection
- you should have stopped out for a loss yourself just by the way it was moving, holding out for this long was not guarantee that you would get your money back and it could have been a big loss for you.
- Dont trade the chop, only the buttered steak (smooth)
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-05-15 11:30:16 | AAPL | sell | $172.220 | short |
| 2023-05-15 11:31:35 | AAPL | sell | $172.210 | short |
| 2023-05-15 11:42:00 | AAPL | buy | $172.110 | 0 |
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