ANY Trade on Feb 21, 2018 09:09 from alext341: Tradervue User Stock Trades.

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alext341

 

Disappointing day today. I entered fulling buying power on ANY at the high of $3.00 and lost 20 cents on it. The reason why I entered was that it had good news out and it was within good price range with a nice wide window on it.

Some red flags I knew but ignored. Potential to drop: One candle on the 5-minute chart dropped about 30 cents on the way up, sellers cutting across spread to widen it beyond manageable risk levels. The stock started to drop on me. My mistake was that I should have gone in 50% bp if I was going in pre-market.

Took another scalp on ANTH on small size but got stopped out for a small loss.

The SPY was also trading inside its range today, which was not ideal for pre-market trading, or even regular trading. It was also mentioned by Mike that the SPY had been trading on half of its relative volume. He thinks that people are “waiting” to see where markets would go. People in the chatroom followed up by saying that people are watching for what would happen at the Fed meeting at 2pm EST today.

I closed the day down $643.60, a significant % of my account. I started the day with $1,428.13 in equity. Will start the next day with $784.53.

The goal is to stay above marginability and to continue scalping your way up to your goal.

Am now holding 350 shares of ANTH for at least a 5-point move speculative play on analyst price target of $10. The important level to watch is 2.43 daily resistance. The stop is breakeven. Will hold overnight.


Execution detail:

Date/time Symbol Side Price Position
2018-02-21 09:09:57 ANY buy $3.000 long
2018-02-21 09:20:36 ANY sell $2.800 0


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