-$2,390 Loss
FBRLong Stock
$981 Profit
FBRLong Stock
-$392 Loss
FBRLong Stock
-$108 Loss
FBRLong Stock
$89 Profit
FBRShort Option
$FBR was on my "near 52 wk high" scanner and had held above VWAP all day. 10.85 was first goal with 10.90 hod as next goal, so not looking for a huge move. Took a little larger position size (for me - 500 shares), but kept tighter risk on VWAP, initially at 10.63 and moved up to 10.67 as VWAP moved up. Near the end of the day, stock started to drop pretty quickly towards the VWAP, so sold position and got execution at 10.6967. Plan didn't work but stuck to exit plan.
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Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
