Performance Metrics
| Entry CPU | 6.81 | Price P/L $ | $0.00 |
| Exit CPU | 7.03 | Div P/L $ | $0.00 |
| Fees | $7.49 | Gross P/L $ | $22.00 |
| Reg Fees | $0.00 | Net P/L $ | $14.51 |
| Commissions | $7.49 | P&L% | 3.13% |
| Cash Div. | $0.00 | Total Ret. % | 0.00% |
| Max Qty | 100 | Open P/L $ | $0.00 |
| Current Qty | 0 | Open P&L% | 0.00% |
| Max Cost | $703.00 | Open Value | $0.00 |
Featured Image / Proof
Notes
APEN short trade 1/3:
APEN is not a clear bag holder chart. It gapped up and was selling of in pre market, the stock was looking really weak and I was looking to short it. I could not short early in PM beacuse TradeZero could only short after 7am. The first trade I took was a loss. I was impatient thinking that is all the bounce we were going to get, but as I entered my trade the the stock popped a little. Here I decided to quickly exit the trade for a not so big loss, and re-entered once I saw the bounce was finally failing.
My mistake: This trade I was chasing weakness, and I learned that I should only short a bounce if the bounce seem's significant enough in relative to how the stock's price action is moving in the day, and the pop should be around 8%+ to have decent risk reward. I would only use this dead cat bounce pre market short strategy if the locates are cheap or if you already have locates for the ticker.
Float: 18 M
MC: 118 M
IO: 67%
Transactions
2 entries| Date | Side | Amount | Price | Commission | Exchange / SEC | Current amt | Current value |
|---|---|---|---|---|---|---|---|
| Mar 01, 2021 07:50:00 | Exit | ||||||
| Mar 01, 2021 07:48:02 | Entry |
