MU Trade on Feb 26, 2018 09:44 from raulfjr17: Tradervue User Stock Trades.

Gravatar

Shared by
raulfjr17

 

On this trade i wanted to practice on scaling in. It just so happen that i flipped from going long to short after i saw the initial run up at open, then it found its top, this is where i proceeded to look at this as a short. I completely overlooked the fact this this stock was near its 52-week high so this still had room to go up. Bad recognition on my part. The trade itself was green and could have covered with a small profit but that was not the goal here.I also should have noticed to cover when it bounced the support line of the opening day price which usually indicates a reversal. I wanted to scale in but today the trade was not set up for that. I should have prepared better and not walk into a trade.


Execution detail:

Date/time Symbol Side Price Position
2018-02-26 09:44:50 MU sell $47.120 short
2018-02-26 09:45:17 MU sell $47.200 short
2018-02-26 09:46:49 MU buy $47.040 short
2018-02-26 10:03:03 MU sell $47.490 short
2018-02-26 10:04:04 MU buy $47.610 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