Trade Detail
yadayadayada's BIOC Trade 187.84
Trade Details
- Published
-
April 13, 2020, 12:37 p.m.
- Status
- CLOSED
- Portfolio(s)
- Broker
- Asset
-
Stock
- Symbol
- Type
-
Long
- Pattern(s)
Auto-generated Chart BETA
Notes
4:55 Bought BIOC because it was the largest mover premarket. I actually bought this because it was on the premarket up 10% scan and its volume. I made a mistake buying on the first bounce. When buying the dip I should wait for a flattening instead of the first bounce. The first bounce seems to typically fail.
6:29 Sold half before opening bell to lock in some profits.
6:11 Sold another 2,000 shares as it started to consolidate.
8:03 I got stopped out for the remaining 3,000 shares at a small loss. Overall made a small profit.
I didn’t trade BIOC well. I sold part of the position right before the opening bell to lock in some profits, but I didn’t have a clear plan. I should have sold into strength like Sykes says. I could have netted over $1,000 in profits. Instead, I got stopped out for $187.84 in profits.
A better entry would have been around 7:58 or the .50 level. Even though I messed up the entry, that doesn't change that the .50 level was the support level and that should have been my risk level. I got shook out because I didn't want to see a loss.
Transactions
Date | Side | Amount | Price | Commission | Reg Fee |
April 13, 2020 07:36:03 | Entry | 10,000.0 | 0.548 | None | None |
April 13, 2020 09:29:52 | Exit | 5,000.0 | 0.575 | None | None |
April 13, 2020 10:11:33 | Exit | 2,000.0 | 0.575 | None | None |
April 13, 2020 11:03:00 | Exit | 3,000.0 | 0.5480666667 | 1.36 | None |