FIT to run

As the advent of technology becomes more and more ingrained in our everyday lives, companies that figure out how to seamlessly integrate the mechanisms of collecting more and more data will have a distinct advantage in the years ahead.

It is no surprise wearables have not quite taken off as companies and developers alike struggle to unlock the habit forming addictions our screens provide.  But this does not imply they will not reach this utopia of user adoption and panacea of committed followers.  Making strategic additions to one’s portfolio where future prospects in the technology space is often wise when opportunities arise.  As is the case with FIT, a leader in the wearable space and below market valuation.


Trade Step-by-Step Assistance

Place buy limit order for 0 @ $5.81
Set sell limit order for 0 @ $7.69 AND Place a buy limit order for 0 @ $4.93
Cancel sell limit order 0 @ $7.69, Set sell limit order for 0 @ $6.78 AND Place a buy limit order for 0 @ $4.50
  1. Check Plan Status

    Make sure the plan has not begun yet. Once InProgress, you will need to decide if you want to catch up.

  2. Review the Amount of Capital

    Each plan has a total amount of capital that may be used to execute. You can adjust the amount you want to assign to this plan & press Update & Review

  3. Set your Buy Order

    Each channel will provide a buy price and # of shares. You will want to set the 1st order as GTC at your broker

  4. Set your Reward Target

    When the first order executes, you will need to create an exit order at the target price

  5. Watch the Cancel Target

    If we hit the Cancel Price before the Buy Price, you will cancel the order as the plan is invalid.

  6. Set Buy Order

    When you enter your 1st Buy Order, set the 2nd Buy Order immediately. You can do this at the same time as the 1st order

  7. If 2nd Buy Triggers

    Set the exit for all the shares from 1st and 2nd at the 2nd Reward. This means canceling the 1st Reward target but you should also set the 3rd Buy Price.

  8. Changing your Mind

    If you want to exit the plan with no loss at this point, this is your break even price that you will need to set for all open shares.

  9. Risk for 2nd Execution

    The total risk for 1st and 2nd execution if you use the 2nd risk target to exit all shares.

  10. Reward for 2nd Execution

    The total returns for 1st and 2nd executions if you exit all shares at 2nd reward target.

  11. Repeat like Above

    You will repeat the same steps as above but for these price levels.

  12. Risk for Entire Plan

    If the 3rd Risk target is hit, this will be your total loss for the plan.

  13. Reward for Entire Plan

    If you exit all shares at the 3rd Reward target, this will be your profit.

  14. Interactive Chart

    You can press the Play icon on the chart and it will fill in the chart as days pass.

  Activity Log User Date
Plan created Dave Friedel 5/15/2017
The plan has triggered buy level 1 since Fitbit Inc hit the purchase price of $5.81 STOCKPROCESS 5/15/2017
The plan has triggered buy level 2 since Fitbit Inc hit the purchase price of $4.93 STOCKPROCESS 6/22/2017
The plan has finished successfully since Fitbit Inc hit the reward price of $6.78 STOCKPROCESS 9/7/2017
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