LULU Trade on Jun 5, 2017 09:45 from igetmoney_03: Tradervue User Stock Trades.

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igetmoney_03

 

Yay!

Trade:I try not to trade until 9:45, and that is exactly what I did. LULU was looking very weak right off the open, as I thought it would. I shorted the 15minute breakdown, and I covered after 1 minute. I wanted to hold the trade for a longer period of time, but 35 cents is 35 cents.
Thought Process(TP): I realized I should've used more size on the trade, and that was one of my weekly goals. I took my 35 cents very quickly, and forgot about the stock.
Improvement: Execution on the trade was very poor. Even though I took my 35 cents on the trade, I could've been eyeing the stock to short on pops because the price action was very weak. I could've risked intraday hod which was $54 for shorts. If all of a sudden the stock broke hod; I would've looked to long into strength. Always be open-minded!


Execution detail:

Date/time Symbol Side Price Position
2017-06-05 09:45:00 LULU sell $53.600 short
2017-06-05 09:46:00 LULU buy $53.250 0


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