Shorted on the break of VWAP. I could have entered on the red candle after the double top. Exited to protect profits.
Entry comments: Swing. Announced will do R/S on 1 Jan 24, so bought several chunks day prior since R/S's seem to spike either PM or @ open. Will exit @ open. Entered 1100@.16, 100@.1585, 500@.1595, 300@.1588, 200@.1594 for ave .1596, risk .14, TGT .20. Split is 1/65 so new amounts are entry 2200@10.361, risk 9.1, TGT 13.
Exit comments: Risk breached. I couldn't sell this the day of the split because there was a 2 day settlement before I get my R/S shares. It fell the day off & I had to hold. Exited the next day. Mistake was didn't know about the hold. Will never do again.
This, among others, was a trade I never should have taken. learning expensive lessons... and this one wasn't even that expensive
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.
