Shared by
Kdunham9
Watched as LPCN squeezed up on light volume. Waited for a strong dip entry and ended up catching the reversal. Lighter volume trades don't work very well for me and this was a relatively early trade for me. Will continue to practice patience and trade only A1 set ups. I was originally unhappy with my exit due to being down over a dollar a share, looking back I believe it wasn't the worst and I definitely practiced risk management. Still room for improvement, this is a partially successful loosing trade.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2024-04-11 07:13:14 | LPCN | buy | $11.020 | long |
| 2024-04-11 07:14:22 | LPCN | sell | $9.620 | 0 |
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