GNMX Trade on Feb 1, 2018 11:15 from d3totherescue: Tradervue User Stock Trades.

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d3totherescue

 

Swing Short

Trade Idea:

Another Swing short idea. I was scared to short it because of its methodical movement. I wanted to cover for a loss when it broke out of the 2.50 area. I wanted for the volume to settle down before I covered. That is exactly where I should have been adding to my short.

Risk Management:

I didn't have risk on this trade. I would keep adding to the moon, and I would cover on dips. It was a terrible gameplan, and I need to plan out my trades before adding.

Improvement:

-Recycle shares
-Add on high volume bars, and cover on washes. It's tough to do, but reading tape is what makes you a better trader


Execution detail:

Date/time Symbol Side Price Position
2018-02-01 11:15:00 GNMX sell $2.160 short
2018-02-05 11:22:00 GNMX buy $2.100 0


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