Shared by
metp2202
Tags:
Raw momentum
penny stock
First trade in over a week. Patience really pays off. Waiting for my edge is key and it goes to show that you don't need to be in every trade and capture every move to make good money. I rather want to be a sniper and go big on my best setups and just ignore the rest. I did a good job today on XELA doing so. Once it failed for a third time to trade above VWAP and we came back down just over the green to red mark I thought that it was a good place to start shorting anticipating a washout. I did a good job at putting on size in this trade and I even believe that I could have been much bigger here, my risk was pretty small. Great patience with my covers too, I think that this was a pretty nice trade and I did a terrific job on the execution side of thing. Good shit.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2022-02-02 13:55:57 | XELA | -100 | $0.8826 | -100 |
| 2022-02-02 13:57:07 | XELA | -15000 | $0.8809 | -15100 |
| 2022-02-02 13:58:24 | XELA | 94 | $0.8821 | -15006 |
| 2022-02-02 13:58:24 | XELA | 300 | $0.8829 | -14706 |
| 2022-02-02 13:58:24 | XELA | 300 | $0.8829 | -14406 |
| 2022-02-02 13:58:24 | XELA | 200 | $0.8829 | -14206 |
| 2022-02-02 13:58:24 | XELA | 300 | $0.8829 | -13906 |
| 2022-02-02 13:58:24 | XELA | 200 | $0.8829 | -13706 |
| 2022-02-02 13:58:24 | XELA | 100 | $0.8829 | -13606 |
| 2022-02-02 13:58:24 | XELA | 100 | $0.8829 | -13506 |
| 2022-02-02 13:58:24 | XELA | 200 | $0.8829 | -13306 |
| 2022-02-02 13:58:24 | XELA | 200 | $0.8829 | -13106 |
| 2022-02-02 13:58:24 | XELA | 8 | $0.8830 | -13098 |
| 2022-02-02 13:58:24 | XELA | 100 | $0.8830 | -12998 |
| 2022-02-02 13:58:24 | XELA | 100 | $0.8830 | -12898 |
| 2022-02-02 13:58:24 | XELA | 200 | $0.8830 | -12698 |
| 2022-02-02 13:58:24 | XELA | 97 | $0.8830 | -12601 |
| 2022-02-02 13:58:24 | XELA | 12601 | $0.8854 | 0 |
| 2022-02-02 13:59:09 | XELA | -15100 | $0.8820 | -15100 |
| 2022-02-02 14:05:17 | XELA | -20000 | $0.8756 | -35100 |
| 2022-02-02 14:07:26 | XELA | -29000 | $0.8750 | -64100 |
| 2022-02-02 14:54:21 | XELA | 1000 | $0.7950 | -63100 |
| 2022-02-02 14:54:26 | XELA | 2000 | $0.7936 | -61100 |
| 2022-02-02 14:54:28 | XELA | 300 | $0.7900 | -60800 |
| 2022-02-02 14:54:28 | XELA | 400 | $0.7900 | -60400 |
| 2022-02-02 14:54:28 | XELA | 1000 | $0.7900 | -59400 |
| 2022-02-02 14:54:28 | XELA | 200 | $0.7900 | -59200 |
| 2022-02-02 14:54:28 | XELA | 400 | $0.7900 | -58800 |
| 2022-02-02 14:54:36 | XELA | 1000 | $0.7900 | -57800 |
| 2022-02-02 14:54:36 | XELA | 200 | $0.7900 | -57600 |
| 2022-02-02 14:54:36 | XELA | 200 | $0.7900 | -57400 |
| 2022-02-02 14:54:36 | XELA | 400 | $0.7900 | -57000 |
| 2022-02-02 14:54:36 | XELA | 200 | $0.7900 | -56800 |
| 2022-02-02 14:54:36 | XELA | 200 | $0.7900 | -56600 |
| 2022-02-02 14:54:36 | XELA | 200 | $0.7900 | -56400 |
| 2022-02-02 14:54:36 | XELA | 200 | $0.7900 | -56200 |
| 2022-02-02 14:54:36 | XELA | 300 | $0.7900 | -55900 |
| 2022-02-02 14:54:36 | XELA | 200 | $0.7900 | -55700 |
| 2022-02-02 14:54:36 | XELA | 300 | $0.7900 | -55400 |
| 2022-02-02 14:54:36 | XELA | 300 | $0.7900 | -55100 |
| 2022-02-02 14:55:36 | XELA | 2000 | $0.7872 | -53100 |
| 2022-02-02 14:56:11 | XELA | 2000 | $0.7934 | -51100 |
| 2022-02-02 14:56:16 | XELA | 100 | $0.7934 | -51000 |
| 2022-02-02 14:56:16 | XELA | 100 | $0.7934 | -50900 |
| 2022-02-02 14:56:16 | XELA | 900 | $0.7934 | -50000 |
| 2022-02-02 14:56:16 | XELA | 100 | $0.7934 | -49900 |
| 2022-02-02 14:56:16 | XELA | 800 | $0.7934 | -49100 |
| 2022-02-02 14:56:20 | XELA | 400 | $0.7933 | -48700 |
| 2022-02-02 14:56:20 | XELA | 400 | $0.7933 | -48300 |
| 2022-02-02 14:56:22 | XELA | 706 | $0.7933 | -47594 |
| 2022-02-02 14:56:23 | XELA | 31 | $0.7931 | -47563 |
| 2022-02-02 14:56:23 | XELA | 180 | $0.7931 | -47383 |
| 2022-02-02 14:56:23 | XELA | 200 | $0.7931 | -47183 |
| 2022-02-02 14:56:23 | XELA | 400 | $0.7931 | -46783 |
| 2022-02-02 14:56:23 | XELA | 589 | $0.7931 | -46194 |
| 2022-02-02 14:56:23 | XELA | 494 | $0.7933 | -45700 |
| 2022-02-02 14:56:23 | XELA | 600 | $0.7931 | -45100 |
| 2022-02-02 14:58:47 | XELA | 2000 | $0.7852 | -43100 |
| 2022-02-02 14:59:23 | XELA | 2000 | $0.7840 | -41100 |
| 2022-02-02 15:00:53 | XELA | 300 | $0.7800 | -40800 |
| 2022-02-02 15:00:53 | XELA | 328 | $0.7800 | -40472 |
| 2022-02-02 15:00:53 | XELA | 200 | $0.7800 | -40272 |
| 2022-02-02 15:00:53 | XELA | 200 | $0.7800 | -40072 |
| 2022-02-02 15:00:53 | XELA | 400 | $0.7800 | -39672 |
| 2022-02-02 15:00:53 | XELA | 125 | $0.7800 | -39547 |
| 2022-02-02 15:00:53 | XELA | 75 | $0.7800 | -39472 |
| 2022-02-02 15:00:53 | XELA | 172 | $0.7800 | -39300 |
| 2022-02-02 15:00:53 | XELA | 300 | $0.7800 | -39000 |
| 2022-02-02 15:00:53 | XELA | 200 | $0.7800 | -38800 |
| 2022-02-02 15:00:53 | XELA | 300 | $0.7800 | -38500 |
| 2022-02-02 15:00:53 | XELA | 100 | $0.7800 | -38400 |
| 2022-02-02 15:00:53 | XELA | 400 | $0.7800 | -38000 |
| 2022-02-02 15:00:53 | XELA | 300 | $0.7800 | -37700 |
| 2022-02-02 15:00:53 | XELA | 100 | $0.7800 | -37600 |
| 2022-02-02 15:00:53 | XELA | 205 | $0.7800 | -37395 |
| 2022-02-02 15:00:53 | XELA | 200 | $0.7800 | -37195 |
| 2022-02-02 15:00:53 | XELA | 101 | $0.7800 | -37094 |
| 2022-02-02 15:00:53 | XELA | 99 | $0.7800 | -36995 |
| 2022-02-02 15:00:53 | XELA | 400 | $0.7800 | -36595 |
| 2022-02-02 15:00:53 | XELA | 300 | $0.7800 | -36295 |
| 2022-02-02 15:00:53 | XELA | 195 | $0.7800 | -36100 |
| 2022-02-02 15:00:56 | XELA | 2000 | $0.7761 | -34100 |
| 2022-02-02 15:01:06 | XELA | 300 | $0.7720 | -33800 |
| 2022-02-02 15:01:06 | XELA | 900 | $0.7720 | -32900 |
| 2022-02-02 15:01:06 | XELA | 200 | $0.7720 | -32700 |
| 2022-02-02 15:01:06 | XELA | 400 | $0.7720 | -32300 |
| 2022-02-02 15:01:06 | XELA | 200 | $0.7720 | -32100 |
| 2022-02-02 15:01:08 | XELA | 539 | $0.7700 | -31561 |
| 2022-02-02 15:01:08 | XELA | 1000 | $0.7700 | -30561 |
| 2022-02-02 15:01:08 | XELA | 1000 | $0.7700 | -29561 |
| 2022-02-02 15:01:08 | XELA | 300 | $0.7700 | -29261 |
| 2022-02-02 15:01:08 | XELA | 1000 | $0.7700 | -28261 |
| 2022-02-02 15:01:08 | XELA | 461 | $0.7700 | -27800 |
| 2022-02-02 15:01:08 | XELA | 300 | $0.7700 | -27500 |
| 2022-02-02 15:01:08 | XELA | 100 | $0.7700 | -27400 |
| 2022-02-02 15:01:08 | XELA | 400 | $0.7700 | -27000 |
| 2022-02-02 15:01:08 | XELA | 500 | $0.7700 | -26500 |
| 2022-02-02 15:01:08 | XELA | 100 | $0.7700 | -26400 |
| 2022-02-02 15:01:08 | XELA | 300 | $0.7700 | -26100 |
| 2022-02-02 15:01:12 | XELA | 2000 | $0.7687 | -24100 |
| 2022-02-02 15:01:17 | XELA | 2000 | $0.7691 | -22100 |
| 2022-02-02 15:01:21 | XELA | 1800 | $0.7720 | -20300 |
| 2022-02-02 15:01:21 | XELA | 200 | $0.7720 | -20100 |
| 2022-02-02 15:01:31 | XELA | 2000 | $0.7715 | -18100 |
| 2022-02-02 15:01:32 | XELA | 2000 | $0.7704 | -16100 |
| 2022-02-02 15:01:37 | XELA | 200 | $0.7734 | -15900 |
| 2022-02-02 15:01:37 | XELA | 800 | $0.7734 | -15100 |
| 2022-02-02 15:01:37 | XELA | 1000 | $0.7734 | -14100 |
| 2022-02-02 15:03:16 | XELA | 1800 | $0.7777 | -12300 |
| 2022-02-02 15:03:16 | XELA | 100 | $0.7777 | -12200 |
| 2022-02-02 15:03:16 | XELA | 600 | $0.7777 | -11600 |
| 2022-02-02 15:03:16 | XELA | 2000 | $0.7777 | -9600 |
| 2022-02-02 15:03:16 | XELA | 1800 | $0.7775 | -7800 |
| 2022-02-02 15:03:16 | XELA | 400 | $0.7777 | -7400 |
| 2022-02-02 15:03:16 | XELA | 200 | $0.7777 | -7200 |
| 2022-02-02 15:03:16 | XELA | 3600 | $0.7777 | -3600 |
| 2022-02-02 15:03:16 | XELA | 3600 | $0.7777 | 0 |
Comments
metp2202
2022-02-03 08:02:21
Thanks man, I was in with 64k shares .876 avg ish. And yeah the risk was pretty tight because I expected this trade to work right away. I think I was too comfortable. Could have been 80-90k prob. Cheers mate
Leave a comment about this trade!
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!
Wow that's a lot of executions! I assume you had big size. Way to be patient and wait for a nice clean confirmed backside move. I can see why you went with big size, your entry was right at resistance. If it goes against you cover for a couple cents loss and reevaluate. Win or loss take that entry every time and you'll always be successful. Nice work