-$46 Loss
MLHRLong Stock
ScottB

Entry comments: Swing. Hot Sector: China Virus, Stay @ Home play. News: Earnings. Good earnings . Planned 75 shares, enter over 2 key areas; VWAP hold, then reclaim HOD. Entered 1st 25 shares 34.68, 2d 50 shares 35.11, ave 34.967, initial risk 33.28 VWAP, moved intraday SPT 34. TGT 36.

Exit comments: Cut losses quickly cause market was down @ close although this stock did well @ earnings release, but could see stock was not going to hit my TGT. Stock did hit $1 below which was what my original TGT was, but scaled in too late for it so moved TGT. Listen to market for swings. Had I not entered last scale amount, I would've left TGT @ 35 & been able to exit w/ 2d win. Keep share size small on red market days, even if my stock doing well & be super cautious of swings.

000

DatePrice
Entry9/17/202034.967
Exit9/18/202034.35
  • Total Views95
  • Position Size75
  • Percentage-1.76%
Copy and paste the following into your page or blog. If using WordPress, you must paste this in the HTML tab only:
Join now or log in to leave a comment