Shared by
Boston
This was a really bad trade that I almost messed up on.. First off, this stock was already over extended and didn't look good for a long on the 5 min. This stock moved by $0.05, and the pullback I took was not a big enough pullback for the move it had already made. I got in really impulsively with way too big of a position so I had to scale back to normal size. Luckily this still had a small pop which I was able to get out for a small gain. The daily chart was clean, but I don't like the way this stock moved.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-05-04 09:37:14 | LITE | buy | $48.950 | long |
| 2017-05-04 09:37:19 | LITE | sell | $48.850 | long |
| 2017-05-04 09:37:29 | LITE | sell | $48.850 | long |
| 2017-05-04 09:38:30 | LITE | sell | $49.300 | long |
| 2017-05-04 09:38:38 | LITE | sell | $49.000 | 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!