ADMA Trade on Feb 12, 2018 09:38 from alext341: Tradervue User Stock Trades.

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alext341

 

ADMA was the next trade, which I was somehow able to use margin on. Got in the trade as it broke out well above daily resistance from previous daily highs, a flat-top breakout just below $4.00.

The scalped that trade for about 30 cents of profit. ATR at the time of the trade 0.29, which made it A-/B+ quality in this regard.

I took the profit here because I ended up with more shares than I thought I would upon pressing the hot-key for 100% buying power, and I also found it more important to simply take profits in a market that has not shown strong bullish momentum in this overall volatile market.

DARE out of the open also did not show strong follow-through. That's also why I took profits earlier on that one.

Small-cap momentum died off after that one. Ross lost money on the day on DARE and ADMA, which is funny because I lose money when he makes money and vis-a-versa. It was his fault though. He did not execute well today.

We'll see how the SPY trades pre-market tomorrow. If it rallies above highs, I'll look to scalp probably. If not, then probably no trades.

I closed this trade with $191.25 in gains. And closed the day for $191.47 in profits.


Execution detail:

Date/time Symbol Side Price Position
2018-02-12 09:38:57 ADMA buy $4.250 long
2018-02-12 09:39:09 ADMA sell $4.570 0


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