UCTT Trade on Apr 27, 2017 11:48 from JIP_BOWS: Tradervue User Stock Trades.

Gravatar

Shared by
JIP_BOWS

 

I feel like I over traded this today as I made a later trade at the end of day as well. I shorted this on break of trendline for a pullback to VWAP due to time of day and it had not made a deeper pullback yet. I did not get a flush due to lower liquidity and ended watching the position most of the morning.

I got a reminder that the VWAP is often an area, not every stock will pull all the way back to VWAP. I finally got the flush down to VWAP and scaled out. I believe I got greedy when I should have taken full profits as a lot of my mental capital was diminished. I left a $100 on the table by not taking profits. I need to remember to take profits quickly when trading countertrend.


Execution detail:

Date/time Symbol Side Price Position
2017-04-27 11:48:36 UCTT sell $19.810 short
2017-04-27 13:05:30 UCTT buy $19.540 short
2017-04-27 13:27:04 UCTT buy $19.720 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!

View plans, Sign up for free, or Log in