LTBR Trade on Jan 25, 2018 09:36 from d3totherescue: Tradervue User Stock Trades.

Gap and Crap

Trade Idea:

I had shorts, so I decided to get short on a pop. I was not able to get in above 4.40, but I could have gotten in the 4.30s. I was not able to size into the trade. The trade began working right away, and it was a good trade.

Risk Management:

I was risking high of day. I know that's huge risk but I only had 1/2 the shares I wanted to add. I was looking for a pop to add, but it never came.

Improvement:

-After a huge wash the stock is weak and it will continue to sell (most likely) in sm. caps
-It seems as if I should have added where I covered
-Look at a stock and see what it is doing. There is clear support at 3.80, and add to the position when it breaks.
-ADD TO YOUR POSITION