ICE Trade on Nov 4, 2019 14:38 from tradelikelarry: Tradervue User Stock Trades.

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tradelikelarry

 

Trade Planning:
- Daily Chart: Uptrend, Consolidation below recent ATH.
- TTM Squeeze: Daily and Weekly (Playing the Daily)
- Earnings Date: 1/30-

Reason For Entry:
- ICE entered my buy zone and entered at a 1/3 size position. It is in a pattern of consolidation below recent ATH. TTM Squeeze on the Weekly and Daily (Playing the Daily). Options expire on 12/20 so will be patient with this trade.
Reason For Exit:
- Trend was broken and TTM Fired short.

Recap:
- The entry was poor as price retraced in a big move as the market was well up on the day (this is a red flag). I should have exited the next day as TTM fired short but waited 3 days after ttm fired short (poor decision). Out for a small loss.
image


Execution detail:

Date/time Symbol Side Price Position
2019-11-04 14:38:45 20 DEC 19 92.5 CALL buy $1.950 long
2019-11-08 14:04:38 20 DEC 19 92.5 CALL sell $1.400 0


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