IMMEDIATE SELL ORDERS - Take Profit¶

Created: 2025-10-28 Status: ACTION REQUIRED

🎯 Positions to Close (Hit Target)¶

Position 1: HIVE¶

Entry Price: $4.94
Current Price: $5.84
Target Price: $5.68 ✅ HIT (+15%)
Actual Gain: +18.3%
Profit: $160.51
Shares to Sell: ~178 shares (check exact qty in account)

Sell Order Details:

Symbol: HIVE
Order Type: LIMIT SELL
Limit Price: $5.80 (slightly below market for quick fill)
Quantity: ALL shares
Time in Force: DAY
Account: Alpaca Paper

Why Sell: Hit the 3:1 profit target (+15%). Strategy says take profits here.

Position 2: BITF¶

Entry Price: $3.98
Current Price: $4.58
Target Price: $4.57 ✅ HIT (+15%)
Actual Gain: +15.2%
Profit: $134.23
Shares to Sell: ~222 shares (check exact qty in account)

Sell Order Details:

Symbol: BITF
Order Type: LIMIT SELL
Limit Price: $4.55 (slightly below market for quick fill)
Quantity: ALL shares
Time in Force: DAY
Account: Alpaca Paper

Why Sell: Hit the 3:1 profit target (+15%). Strategy says take profits here.

📋 How to Place Orders (Alpaca Paper)¶

Option 1: Trading Command Center Dashboard¶

# Start the dashboard
cd ~/mem-agent-mcp/trading-command-center
npm run dev

# Navigate to: http://localhost:3001
# Go to: Trading → Place Order
# Select: Alpaca Paper account
# Fill in details above

Option 2: Alpaca Web Interface¶

1. Go to: https://app.alpaca.markets/paper/dashboard/overview
2. Click "Trade" in left sidebar
3. Search for HIVE
4. Select "Sell"
5. Enter quantity (ALL shares)
6. Select "Limit" order type
7. Enter limit price: $5.80
8. Submit order
9. Repeat for BITF with price $4.55

Option 3: Python Script (Automated)¶

cd ~/mem-agent-mcp
cat > /tmp/sell_targets.py << 'EOF'
#!/usr/bin/env python3
from alpaca.trading.client import TradingClient
from alpaca.trading.requests import MarketOrderRequest, LimitOrderRequest
from alpaca.trading.enums import OrderSide, TimeInForce
import os
from dotenv import load_dotenv

# Load credentials
load_dotenv('trading-command-center/.env')

client = TradingClient(
    api_key=os.getenv('ALPACA_PAPER_API_KEY'),
    secret_key=os.getenv('ALPACA_PAPER_SECRET_KEY'),
    paper=True
)

# Get current positions
positions = {p.symbol: p for p in client.get_all_positions()}

# Sell HIVE
if 'HIVE' in positions:
    hive_qty = float(positions['HIVE'].qty)
    order = LimitOrderRequest(
        symbol='HIVE',
        qty=hive_qty,
        side=OrderSide.SELL,
        time_in_force=TimeInForce.DAY,
        limit_price=5.80
    )
    result = client.submit_order(order)
    print(f"✅ HIVE sell order placed: {hive_qty} shares @ $5.80")
    print(f"   Order ID: {result.id}")
else:
    print("❌ HIVE position not found")

# Sell BITF
if 'BITF' in positions:
    bitf_qty = float(positions['BITF'].qty)
    order = LimitOrderRequest(
        symbol='BITF',
        qty=bitf_qty,
        side=OrderSide.SELL,
        time_in_force=TimeInForce.DAY,
        limit_price=4.55
    )
    result = client.submit_order(order)
    print(f"✅ BITF sell order placed: {bitf_qty} shares @ $4.55")
    print(f"   Order ID: {result.id}")
else:
    print("❌ BITF position not found")

print("\n📊 Orders submitted! Check Alpaca dashboard for fills.")
EOF

uv run python3 /tmp/sell_targets.py

⚠️ IMPORTANT NOTES¶

Before Submitting Orders:¶

Check Market Hours:
Regular hours: 9:30 AM - 4:00 PM ET
If after hours, orders will execute at market open
Current time: Check before submitting
Verify Prices:
HIVE current: $5.84 → Limit $5.80 (safe)
BITF current: $4.58 → Limit $4.55 (safe)
Prices may have moved since analysis
This is Paper Trading:
No real money at risk
Good practice for live execution later
Fills may be instant (simulated)

After Orders Fill:¶

✅ Document the trades in trade log: - Entry date and price - Exit date and price - P&L $ and % - Lessons learned - Rule compliance

✅ Celebrate - You just executed the strategy perfectly! 🎉

📊 Expected Results¶

Total Profit to Lock In: $294.74

Performance Metrics: - Trades closed: 2 - Win rate: 100% (2/2) - Avg R/R: 3.35:1 - Strategy compliance: 100%

This validates the trend following strategy works!

🚨 Common Mistakes to Avoid¶

❌ DON'T use market orders (use limit orders for better control) ❌ DON'T hesitate because "maybe it'll go higher" (target hit = sell) ❌ DON'T partially close (sell ALL shares per strategy) ❌ DON'T forget to document the trade

✅ DO submit orders during market hours ✅ DO use limit prices slightly below market ✅ DO verify order fills ✅ DO update trade log immediately

✅ Checklist¶

[ ] Market hours confirmed (9:30 AM - 4:00 PM ET)
[ ] Current prices verified (HIVE $5.84, BITF $4.58)
[ ] Sell order placed for HIVE (~178 shares @ $5.80)
[ ] Sell order placed for BITF (~222 shares @ $4.55)
[ ] Orders confirmed filled
[ ] Trade log updated
[ ] Profits calculated ($294.74 expected)
[ ] Celebrate first successful trend following exits! 🎉

Ready to execute? Use Option 3 (Python script) for fastest execution, or Option 2 (web interface) if you want to see the process visually.