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Shared by
beck1c

 

AXSM

Jan 7, 2019 07:37


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Now this one has bothered me... I wanted to get in at the break of resistance @ 6.30 but waited and then my next entry I wanted was break of VWAP, but waited. Got in at .60 was up $80 but was waiting for the break of 6.75. Decided to hold till a stop of VWAP and when it hit it I got out. Stuck to my stop out, just didn't use my entry points in my plan, so I got shaken out at VWAP, maybe I need more technical stops instead. It consolidated on VWAP for 15 min but held the trendline and of course it ran almost $2 as of now and still climbing. If I would have got in at my planned entry points, I wouldn't have got shaken out. Stick to plan! On to the next day...


Execution detail:

Date/time Symbol Side Price Position
2019-01-07 07:37:47 AXSM buy $6.600 long
2019-01-07 07:42:06 AXSM sell $6.493 long
2019-01-07 07:42:06 AXSM sell $6.493 long
2019-01-07 07:42:06 AXSM sell $6.493 long
2019-01-07 07:42:06 AXSM sell $6.490 0


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