HK Trade on Jul 11, 2017 09:33 from d3totherescue: Tradervue User Stock Trades.

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d3totherescue

 

Setup:

HK had been showing a lot of weakness at the open. So, I shorted the pop on the 3-minute. I was looking to scalp this trade, and leave some on for a 6 break, but clearly I did not do that.

Mindset:

I was not looking to size up this early in the trade. I wanted HK to hit 6.40, and reject that area. That was where I could add more shares, but HK never hit 6.40 and sold off.

Improvement:

It is good that I took profits for a gain, but I also need to hold the rest of my position for more gains. I was looking for a $6 break, and that is what happened. It angers me when I do not follow my own plan. I am working on this part of my game.


Execution detail:

Date/time Symbol Side Price Position
2017-07-11 09:33:00 HK sell $6.285 short
2017-07-11 09:35:00 HK buy $6.150 short
2017-07-11 09:37:00 HK buy $6.080 0


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