FNJN Trade on Jan 18, 2018 09:37 from alext341: Tradervue User Stock Trades.

Gravatar

Shared by
alext341

 

This follow-through is all too familiar. Something similar happened on RADA after my >$3,000 green trade. On RADA, I got in with a 4,000 share position, my first attempt at scaling my trading up with larger equity in my account. This was my second attempt at scaling back up after rebuilding my account after the loss on RADA, but the markets simply would not allow it.

FNJN just immediately and sharply rejected its move up. This, I believe, was worse than RADA because it rejected over 100% of its breakout move. You took 2,000 shares of this stock when it popped up quickly on the high of day scanners. It was also a former runner, so you took the risk. However, I remembered debating in my head whether now was the time to scale up in a choppy week like this.

You stopped out of FNJN for an 18 cent loss, losing $400.36 in net realized losses.


Execution detail:

Date/time Symbol Side Price Position
2018-01-18 09:37:21 FNJN buy $2.590 long
2018-01-18 09:38:23 FNJN sell $2.410 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!

View plans, Sign up for free, or Log in