DG Trade on Nov 4, 2019 09:44 from tradelikelarry: Tradervue User Stock Trades.

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tradelikelarry

 

Trade Planning:
- Daily Chart: Uptrend, Consolidation below recent ATH.
- TTM Squeeze: Daily Squeeze
- Earnings Date: 11/28-

Reason For Entry:
- DG entered my buy zone and entered the trade in a 1/4 size position. DG is in a pattern of consolidation below recent ATH. Looking for a move into earnings.
Reason For Exit:
- TTM Fired short. Market is extended and too much risk for this trade.

Recap:
- Poor entry as DG had not distinguished a base in its consolidation. Should have not been in this trade especially that the market is extended. Will learn from this and make better entries on trades.
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Execution detail:

Date/time Symbol Side Price Position
2019-11-04 09:44:10 20 DEC 19 165 CALL buy $3.800 long
2019-11-08 13:47:54 20 DEC 19 165 CALL sell $2.620 0


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