BBBY Trade on Mar 26, 2019 07:33 from Willybutters: Tradervue User Stock Trades.

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Willybutters

 

Watched the market also known as the SPY as well as BBBY. Used the morning game plan to derive that BBbY was gapping up. Decided I was going to short it with not much of a thesis. On the open as soon as I saw seller strength I opened a short position. the stock then came back in my face breaking the high, I made a foolish error and didn't hit out. Lucky for me it didn't break out of its trading range and went eventually back 2 my short entry price. The one thing I did right was use the correlation of the market to confirm the weakness originally stated in my thesis however my risk management was complete trash and I could be down hundreds of dollars right now. even worse is I was going to add to my losing position if it broke to new highs which I know is wrong. Definitely have a problem breaking my own rules. The chart And vwap patterns reminded me of Derm gap up on 2019-03-18. Will be careful not to generalize using this combined data and will remember these patterns as possibilities not certainties.


Execution detail:

Date/time Symbol Side Price Position
2019-03-26 07:33:59 BBBY sell $17.350 short
2019-03-26 10:42:43 BBBY buy $17.325 0


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