Trade Detail
vinosan's LMFA Trade -75.14
The first transaction is an (Entry). Please switch trade type to be Long or swith all transaction types.
Trade Details
- Published
-
Jan. 29, 2021, 10:20 p.m.
- Status
- CLOSED
- Portfolio(s)
- Broker
- Asset
-
Stock
- Symbol
- Type
-
Short
- Pattern(s)
Auto-generated Chart BETA
Notes
LMFA was a heavy bag holder chart with failed spikes since 2018. It failed at the resistanct of 3.18's area where there was alot of failed spikes. Was initialy nervous to short into due to the 15 million volume trade PM. I didn't size in PM because due to the volume it trade I expected a pop into the open which can give a better entry. Took a short position was stock was flushing into key level and covered a lttle bit lower than drawn out support.
My mistake: The biggest mistake I made since 3rd day of starting to journal my trades. I was expecting a open at the pop and we did get the perfect pop. But I got nervous and froze thinking it can squeeze more but it failed fairly quickly and I missed the ideal entry into the pop. I was also still waiting too long to enter and only entered at the end of the flush close to key level. I missed close to 11% not sizing into the pop. But still ended a decent green on the trade.
Float: 14 M
MTC: 28 M
IO: 22%
Transactions
Date | Side | Amount | Price | Commission | Reg Fee |
Jan. 29, 2021 09:32:20 | Entry | 159.0 | 2.78 | 13.13 | None |
Jan. 29, 2021 09:44:00 | Exit | 159.0 | 2.39 | None | None |