Reactive scalp trade. Scaled towards $81, and covered on flush. Not a great trade though, as I didn't really have a stop in mind; plan was to trade my way out of it, if it didn't work, but that often gets me in trouble. Not the kind of trades I want to be taking.
Stayed within sizing guidelines, and covered into flush. Also re-entered trade on backside once I noticed the pop had failed.
Took a trade without a planned exit strategy, had to stock traded against me.
If I don't know where I'm going to stop out at, then don't take the trade.
If MRNA gaps above $80, would expect a short tomorrow. Felt really weak today, despite the positive catalyst.
Execution detail:
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!