this was a solid trade..... first red day after so many green days. shorted into the bounce after the quick drop at market open.... covered very very conservatively in hindsight should have covered half... but then it came back to the 8.80s should have reshorted and later tanked after it broke 8.60s all the way down to the 7.70s but good gain for me and even better way to MANAGE RISK
in @ 3:40 firstname.lastname@example.org This stock ended up coming back on the day and breaking out over multi days.. Got in at less than ideal entry at 3.40 but was risking off of 3.35 so minimal downside.. figured id give it a shot to see if we could get a run up before EOD. Lots of selling pressure so I got out.. was debating on holding over night but this was such a slow mover with lots of selling pressure I dident think it was worth it.. Possible rebuy with volume/catalyst
in @ 10:49 out @11:02 didn't get my original fill at 7.59. Got in at 7.67 with 7.59 as risk.. created a channel between my entry and 7.72 so I could of sold for 6 cents of upside and if I had no pdt and bigger position I would of to take risk off table as this was major resistance.. I decided to give it more time and then the market cracked from trumps tweet and so did APPS. I should of cut losses quicker right when it broke my risk, but was on the right track here.