MU Trade on Sep 11, 2018 12:00 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

MU held the Ask and rejected it. It really fought, but couldn't go above 53.50. I was very shy here as it would be my last trade and I was gross green, but net-negative.

My Entry was a bit too early as I expected MU just to spike into it before reversing hard.

It remained at .50 for quite a while and at times I thought it would lift and rally. Or spike up, just to take out stop orders and reverse hard. Hence I was on my toes and watched the tape very closely. Hard stop just at .51.

Did good on the two profits I took. I still expected it to retest .50 or even break.

It did retest but did not get above .46.

I am happy to have stuck with it and close it with a nice profit.

For improvement I should have seen this as a Backside Trade and trade it!!! I did not see it until it had happened. I was so focused on the .50 and run up that I missed it.

Profit on the last piece was good. Last trade of the day and really good finish.

https://youtu.be/EOIkn7cZ4xY


Execution detail:

Date/time Symbol Side Price Position
2018-09-11 12:00:00 MU sell $43.460 short
2018-09-11 12:00:00 MU sell $43.470 short
2018-09-11 12:07:00 MU buy $43.410 short
2018-09-11 12:08:00 MU buy $43.380 short
2018-09-11 12:18:00 MU buy $43.170 short
2018-09-11 12:19:00 MU buy $43.190 0


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