CVS Trade on May 1, 2019 09:47 from MarcoG: Tradervue User Stock Trades.

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MarcoG

 

Set-up : Down-Trend Continuation
Symbol Name: CVS
Side : Short
Size : 40
Entry : 56.6
Takes :
Exit : 56.85
P/R :

Comments: Today I have raised my size again to a loss of 20$ per trade.
I have entered CVS trying to anticipate the break down. It didn't occur instead the price formed a nice bottom / support. The reason why I have anticipated is due to the big drop on the SPY and a beautiful volume profile. I have thought that market would follow but CVS today was quite strong. The only good thing is that I didn't let the price go against me up to stop area. Market is very disconnected and this let me take precautions. I was right!! The volume profile changed to a bullish configuration. Looking forward to spot some good moves through the current earning season and aware that I do not have to change even if just a little bit my approach! Don't worry hold on, soon perhaps we'll harvest good quality fruits. Even if it will take more months, there are no problems. The will of succeed doesn't have to turn into a change of my practice, perhaps I should expand my studies referring to swing trades or something btw that won't change my actual practice. Today I have affected my choice by the SPY and this is something I don't do cause I trade only stocks with a relevant catalyst that make a move besides the SPY. I have done this already in the past when we got to all times high and consequent meltdown.

29/07/2019
Mamma mia :(


Execution detail:

Date/time Symbol Side Price Position
2019-05-01 09:47:55 CVS sell $56.600 short
2019-05-01 09:58:36 CVS buy $56.850 0


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