Traded the closing session today.
SPY put in a lower high at 2:30 pm and sold with increased volume at around 2:45. The selling provided a great opportunity at the beginning of the session to get short as SPY had pulled back.
I got short a little early. I regret taking so much size size on my first entry because I was sure it would pull back further. This mistake cost me later on because I had no risk to add-on when SPY quickly popped up at 3:10 pm for an even better short entry, orderbook made it obvious that the pop would fail.
I covered into the close as we flushed below VWAP, wish the session went on a little longer!
ONE GOOD TRADE!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-05-14 14:58:54 | SPY | sell | $284.290 | short |
2019-05-14 15:07:12 | SPY | sell | $284.480 | short |
2019-05-14 15:50:35 | SPY | buy | $283.510 | short |
2019-05-14 15:59:44 | SPY | buy | $283.300 | short |
2019-05-14 15:59:51 | SPY | buy | $283.240 | 0 |
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