SGH Trade on Jan 9, 2019 10:12 from MarcoG: Tradervue User Stock Trades.

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Shared by
MarcoG

 

I write this report on 01/12/2019.

This is me!!! This is my way!! Yes I lose but at least I LOSE with my plan and my idea!!!!
I can't move the price in my direction I can only apply my edge and set of rules.


Execution detail:

Date/time Symbol Side Price Position
2019-01-09 10:12:32 SGH sell $23.020 short
2019-01-09 10:20:40 SGH buy $23.260 0


Comments

Gravatar ORBtrades
2019-02-01 23:32:56
 

Hey Marco,
Thank you for sharing your trade!
It's good to see someone that doesn't mind sharing a loss, it's totally true as you say, a losing trade can be a good trade if you stuck to your plan.
May I ask what was your strategy for trading this setup?
Cheers!
Fed

2019-02-02 11:25:53
 

Hey Fed, a trader without losses is like a surgeon able to save 100% of his patients. There is a moment when you realize that your patient is not gonna make it or is not gonna be heal. The surgeon still has his job and his carrier is not compromised by a single fact. My strategy for this trade was Trend Continuation for an entry below VWAP as the price fades it. By the time of this trade I had the rule to don't trade prior 10 AM to avoid too much volatility. Otherwise an entry at 09:33 AM at 24$ would have been the best!
Regards :)

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