UBNT Trade on Aug 3, 2017 09:34 from GaTech_Trader: Tradervue User Stock Trades.

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GaTech_Trader

 

I took this long at the open on 1min chart ORB, thinking it would squeeze like $LL did 2 days ago because it gapped up and broke over all time highs($64.60) at the open, it had 34% short float and no shares were available to short at IB, which they typically have great shorts, so I figured short sells would have a tough time keeping it down. It was also breaking a flag it started to form in premarket. I longed it on the whole number break of $67(Yellow Arrow) with a market order and got a terrible fill of $67.60(Green Arrow), but looking at time and sales it went from $67.00 to $67.56 in less than 1 sec. This stock was probably too spready to play this aggressive at the open. I feel my biggest mistake was not selling when it couldn't hold $67. I was being stubborn, then Kunal stayed scaling in when I needed to sell, so I'm like I can't sell this now! Biggest trading mistake I have made in a while. I typically never average down unless the initial add was a half position feeler add, but I did here and I feel it was really a good spot, mad at myself for breaking that rule too.


Execution detail:

Date/time Symbol Side Price Position
2017-08-03 09:34:33 UBNT buy $67.560 long
2017-08-03 11:01:31 UBNT buy $66.100 long
2017-08-03 11:12:16 UBNT sell $65.300 long
2017-08-03 11:12:59 UBNT sell $65.460 0


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