Entry comments: Gap Down - I saw on IU chatroom. Uber was overextended. I waited for the back side of the move., and followed my rules. The only thing that did not work well was my price execution. I have been putting a limit order a bit below of the price to get fulled completely but IB filled me in the worse price. The stock was 33.15 and it filled me at 33.07 (my order was limit at 33(. For sure was my fault also because I did a whole number). Waiting for it to crack the level 32.50.
Exit comments: I was waiting to reach LOD 32.50 and when it did I got greed and waited. I tried to cover at 32.60 but I still learning how to use IB. I saw that it was building to climb back and sold. Done for the day! Good and safe trade just need to be better at adjusting the price limit in my entries.
Nice short on AAL! I waited to see the turn of the move.... I did not anticipate and found it at the 5% gainer of the day... AAL and other such as SAVE and easier to trade as we can expect some kind of moves. It went down a bit more right after I sell but I know I do not need to get the top or the bottom.... just the middle of the move.
Entry comments: I started to short this pre-market because it had a resistance level at 78.45 based on the prior day - My stop loss was at 78.50 but I did not follow. I waited and then it went up and did not look back! It is now at 82.61 and the HOD is 83.39. To help I added to a loser position by mistake at $81 - So even it is flush I won't it will be a loss because my average its very low. I set new rules for my trades.
Exit comments: One more loss and squeeze!!! I added to a loser and did not cover when I could for a
I started to short this pre-market because it had a resistance level at 8.75 - My stop loss was at 8.85 but I did not followed. I waited and then when I saw I was on the opposite side of the trade I covered. I should have added a stop loss. It went to 9.20 and then back to 8.80. If I had not been in the front side of the move I could have profited.
I am starting to practice my ABCD set ups. My stop loss was 4.85 and I was waiting for the break out that did not happen after 3 tempts. It was 11 am and I sold. I am glad I did because after it tanked to 4.70s. My only mistake here was not seen that it was a 1 billion float and very hard to move up and down.
Entry comments: RESHORTED this % gainer. It was 10:30 am and I covered the first into the dip and shorted more 100 over the spike. I should have waited for my first target which was 13.05 but shorted at 12.85 and it went all the way to 13.15. I need to respect more of the key levels and do not be so anxious. The plan is to cover at the LOD which is 12.
Exit comments: It started to squeeze and I covered as I planned. I had the chance to cover for less but I got scared and would rather lose $15, than more. Respecting my rules.
Entry comments: This stock was on my watchlist with a volume of 5m the prior day. I saw it was low volume pre market but I did not think the stock would not move at all. I made the mistake and went in the front side of the trade and now it is at $32 no volume. I will cut for a small loss and learn the lesson that I need to focus on better volume at least 1 million.
Exit comments: $32 was my stop loss and I overstayed. I had the chance to cover at 31.50 but wanted to wait to test the low of day $31 which did not happen. I just sold for a loss better than HOLD AND HOPE