UNIT Trade on Feb 20, 2019 09:38 from MarcoG: Tradervue User Stock Trades.

Gravatar

Shared by
MarcoG

 

Set-up : Up-Trend Continuation
Symbol Name: UNIT
Side : Long
Size : 50 (should have been 65)
Entry : 13
Takes : 13.15 / 13.25 / 13.35 / 13.40 (I have done the mistake of taking out more then I should have but cause the stock didn't go above 13.34 I have got more in the way I have done
Exit : 12.90
P/R : -5$ / 15$ ( I have got 8$ as 1:5 R/P)

Comments: Unit was on the list as earnings play, even if there was no gap in the premarket the volume profile was ideal for a push up. Very happy about this trade, finally I have respected sizes and this is the result. If I would have done what I did for instance yesterday this would have resulted in a 1.5$ profit exactly as yesterday. The best profit in February. I have to admit that I have been shaking during the trade and emotions took place letting me close more then I should have done. Luck this time has been in my favor but for future references I'd better start to stick to the takes. My idea was to grant me at least a 1:5 P/R and I have succeeded. This is also the reason why I have closed more on the 13.150 but for the future I will try to improve those levels to a 2:1 P/R


Execution detail:

Date/time Symbol Side Price Position
2019-02-20 09:38:28 UNIT buy $13.000 long
2019-02-20 09:38:28 UNIT buy $13.000 long
2019-02-20 09:39:09 UNIT sell $13.150 long
2019-02-20 09:39:31 UNIT sell $13.180 long
2019-02-20 09:40:11 UNIT sell $13.150 long
2019-02-20 09:40:14 UNIT sell $13.150 long
2019-02-20 09:40:20 UNIT sell $13.150 long
2019-02-20 09:41:27 UNIT sell $13.300 long
2019-02-20 09:45:14 UNIT sell $13.200 long
2019-02-20 09:45:35 UNIT sell $13.140 long
2019-02-20 10:03:40 UNIT sell $13.020 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