VCEL Trade on Mar 5, 2018 11:12 from d3totherescue: Tradervue User Stock Trades.

Low Volume Weakness

Trade Idea:

I was looking to short after multiple rejections at 10.80. I was short, and I was looking for a move to 10. That was a whole number, and that is where I wanted to cover. Initially I thought I was right, but the trade started moving against me. I got out.

Risk Management:

I was looking for a 2:1 move, but I did not get it. I saw volume coming in, and I got out a little earlier than my short. There was nothing weak about the stock. It was in the upper 25%, and it was looking to move higher.

Improvement:

-I did not have to get short at this level
-Shorted at 10.80, and have .15-.20 risk and cover on the way down