BA Trade on Apr 8, 2019 09:32 from shefmcoy: Tradervue User Stock Trades.

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shefmcoy

 

BA
More news coming out about BA cutting production of the 797 Max. Gapping down 4.5% premarket
A lot of shares traded premarket at the 376 lvl Look for this to serve as inflection zone.
Resistance 382, 385, 390
Support 370, 368.50
933
Shorted against the 380 lv as I saw some weakness and the market was starting to roll over. I added at VWAP expecting a beak of the 376 lvl. I covered 100 at slow of order flow around 375. I added on pop to vwap as market was selling off. Held on the move up and over vwap Added again as we broke back through vwap.

TRADE REVIEW
Did you calculate proper share size and technical stop loss level?
No i did not, I was fairly certain the stock was going to retest 376 and i go in alittle to early and put on a a little too much risk before the backside

Did you have patients and fight for the best price using the tape?
No I could have done a much better job on my entries and exits, but id did do a good job reading the tape and adding into weakness

Did you trade with the overall trend of the stock/market? If not the did you take profits early to reduce risk accordingly?
Not so much, I didnt see SPY putting in a double bottom. I should have been paying more attention

GRADE C-


Execution detail:

Date/time Symbol Side Price Position
2019-04-08 09:32:27 BA sell $378.300 short
2019-04-08 09:33:28 BA sell $379.060 short
2019-04-08 09:37:11 BA sell $376.980 short
2019-04-08 09:40:48 BA buy $375.450 short
2019-04-08 09:43:17 BA sell $375.960 short
2019-04-08 09:47:34 BA sell $376.540 short
2019-04-08 09:54:53 BA buy $376.780 0


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