CAT Trade on Jul 24, 2019 10:05 from Cklamb: Tradervue User Stock Trades.

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Cklamb

 

Intraday Fundamentals-
Earnings and revenue – still waiting on more info on the other key measures
Technicals
ADV 4.32 RVOL .93 ATR 2.44 BETA 1.51 Short 1.29% Inst Own 68.20%

Hourly

Intraday

Reading the Tape
I did see some change in the velocity at 128.50 as it approached that level. There seemed to be three quick drops to .46 and .45.
Trade Management

This trade was on plan it got quick money and I want to take the profits to make up for the SNAP trade. I was managing the P and L a bit here again.
I need to give this a little more time to work. I would have had fun following with the MA if I would have been able to get it there.
There may times when the MA is the Target though. I did have 132 as target in mind as well. I do need to remember that I need to be a trader before i need to manage the profit and loss statement
Aspect Score Poss. Notes
Preparation 8 10 A little off on S2
Hard Work 7 10 Prepped early trade
Patience 8 10 Yes.. I held for long enough to feel like it was not going to 128
Plan 6 10 Pretty solid on the play. Did not stay on the exit strategy
Discipline 6 10 Exit strategy
Contribution NA 10

Replay 0 10


Execution detail:

Date/time Symbol Side Price Position
2019-07-24 10:05:34 CAT sell $131.945 short
2019-07-24 10:18:11 CAT sell $132.160 short
2019-07-24 10:19:15 CAT sell $132.225 short
2019-07-24 10:22:14 CAT buy $132.030 short
2019-07-24 10:22:14 CAT buy $132.030 short
2019-07-24 10:22:14 CAT buy $132.030 short
2019-07-24 10:22:14 CAT buy $132.030 0


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