DRYS Trade on Feb 7, 2017 09:33 from MartinH: Tradervue User Stock Trades.

top ticked the short. covered for 20c
I thought it will squeeze higher later but unfortunately it faded from that point on

Execution detail:

Date/time	Symbol	Side	Price	Position
2017-02-07 09:33:47	DRYS	sell	$6.100	short
2017-02-07 09:33:47	DRYS	sell	$6.100	short
2017-02-07 09:33:47	DRYS	sell	$6.100	short
2017-02-07 09:35:14	DRYS	buy	$5.900	short
2017-02-07 09:35:14	DRYS	buy	$5.900	short
2017-02-07 09:35:14	DRYS	buy	$5.900	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=DRYS&trade=5349626&end=20170207100414&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=DRYS&trade=5349626&end=20170207120514&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=DRYS&trade=5349626&end=20170207160000&i=m10&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=DRYS&trade=5349626&end=20170207160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

JensW

2017-02-08 08:38:28

Did this cover provide a 2:1 reward to risk ratio?

MartinH

2017-02-08 08:49:33

it was just a small starter position to which I was willing to add. therefore difficult to calculate a rrr.
if it would have consolidated around 6 and then broke higher I probably would have covered. if it would have continued to rip to 6.50 I would have added.

DRYS Trade on Feb 7, 2017 09:33 from MartinH: Tradervue User Stock Trades.

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