FB Trade on Apr 29, 2019 09:53 from FrankDumaresq: Tradervue User Stock Trades.

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FrankDumaresq

 

Stock Selection: 3rd day play off earnings

Setup: Pull in Long to VWAP / Traditional MP / 382

Activator Candle: 3m hammer on level

Fight for Entry: entered on vwap with weak ask

Risk Mgmt and Sizing: 30c stop, $100 risk => 333 shares. 20% error here is acceptable.

Exit: Didn't follow exit strategy perfectly. I exitted half of my position for the low time frame rejection of pivot, but I didn't hold my 2nd half properly by waiting for a confirmed 15m rejection of that level.

Notes:
Nearly perfect trade. Couldn't manage to hold the size through the full exit strategy because I was emotional regarding keeping the profits. Need to get better at holding until exit strategy says to close, even if that means holding the trade all day right up until the market close.


Execution detail:

Date/time Symbol Side Price Position
2019-04-29 09:53:03 FB buy $192.350 long
2019-04-29 09:54:20 FB buy $192.320 long
2019-04-29 11:13:01 FB sell $194.540 long
2019-04-29 12:09:56 FB sell $194.380 long
2019-04-29 12:10:54 FB sell $194.430 0


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