vinosan Short APEN -$7.49 on TradeZero in TradeZero VKA87673 Mar 1, 2021
Performance Metrics
Entry CPU 0.00 Max Cost $0.00
Exit CPU 0.00 Open Value $0.00
Max Qty 0 Current Qty 0
Fees $7.49 Dividends $0.00
Commissions $7.49 Net P/L $-7.49
Reg Fees $0.00 Net % 0.00%
Portfolio
Review cash deposits and withdrawals to see size vs portfolio.
Trade media

No media uploaded for this trade yet.

Chart & fundamentals available when signed in

Sign in to load live charts, stock fundamentals, and SEC filings for this trade.

Sign in
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%

Community
0

Please login to comment.

No community comments yet.

Transactions
2 entries
Sort Date Side Amount Price Commission Exchange / SEC Current amt Current value
1614585000 2021-03-01 07:50:00 Exit
1614584882 2021-03-01 07:48:02 Entry