ZSAN Trade on Feb 21, 2019 10:03 from Ryanstrades_: Tradervue User Stock Trades.

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Ryanstrades_

 

ZSAN long. 2/21/19

Although I was profitable on this trade for the day, I am super disappointed in myself. I didn’t trade it correctly, and I should have been more patient with my original entry. I nailed it and bailed, and went to $CYH and gave back most my gains immediately.
Once I walked away and gained my composure, I went back to ZSAN because it was clearly squeezing and I looked for reentry. I got long again at 4.26 once it ripped above $4 with the highest volume candle of the day. I waited for pullback and what looked to be a new base at 4.20. I sold this entire position at 4.54.
Next, I wasn’t patient enough on the base to form, and got long again at 4.39—then immediately got shook out on the candle 20 seconds later for a 14 cent loss. I don’t know what I was thinking there. I need to slow down and think bigger picture. Possible not watch the 1-minute when I know shorts are stuck. And be patient for the base and curl.. Next—2 mins later, I got long a market order because I saw the tape speed up and take off, only to immediately get stuffed again and slammed down to 4.12, where I stopped out at the bottom at 4.15. SO FRUSTRATING. I knew they were stuck, but I wasn’t patient with my limit orders to sit there on the bid in the 4.20’s…

Moving on to my next long, where I marketed in at 4.44 after I go stopped out at the bottom 2 times just a few mins before this long, and they turned the buying and volume back on. I did have the composure to trust my instincts that shorts were stuck, and got long for a very quick rip to my sell at 4.84 for a nice .39 winner.

Then, I had a great buy after the wash from hod $5.15, and anticipated the 4.50 area was going to be crucial level, and hopefully a false breakdown. I got long at 4.56 risking o/u 4.50. I then was not patient enough with it, and sold at .80 for a .24 gain right before it busted to $5. I knew if it popped $5 I could always reenter.
I had the plan to add in if $5 popped with authority, so I did. I was in at 5.06 and sold 2/3 at 5.38, and the other 1/3 for 5.61. Nailed this trade in accordance with the one before it, where I sold at .80 just in case it failed at $5 again.


Execution detail:

Date/time Symbol Side Price Position
2019-02-21 10:03:23 ZSAN buy $2.730 long
2019-02-21 10:23:39 ZSAN sell $2.920 long
2019-02-21 10:27:57 ZSAN sell $2.880 0
2019-02-21 11:26:45 ZSAN buy $4.260 long
2019-02-21 11:29:05 ZSAN sell $4.540 0
2019-02-21 11:36:31 ZSAN buy $4.390 long
2019-02-21 11:36:53 ZSAN sell $4.250 0
2019-02-21 11:38:44 ZSAN buy $4.350 long
2019-02-21 11:39:33 ZSAN sell $4.150 0
2019-02-21 11:42:11 ZSAN buy $4.440 long
2019-02-21 11:51:57 ZSAN sell $4.830 0
2019-02-21 12:31:14 ZSAN buy $4.560 long
2019-02-21 13:45:08 ZSAN sell $4.800 0
2019-02-21 13:49:56 ZSAN buy $5.060 long
2019-02-21 14:01:27 ZSAN sell $5.380 long
2019-02-21 14:03:23 ZSAN sell $5.610 0


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