ROKU Trade on Nov 8, 2019 09:42 from kerobo0000: Tradervue User Stock Trades.

Daily Report Card: D
-morning prep: D
-market prep: D
-stock prep: D
-level of focus: B

Rationale:
-2nd day play; ROKU reported earnings and closed near the lows after gapping down

Trade Strategy:
-didn't do a good job of planning this out; in my mind I knew I was planning to short, in the back of my mind, i've been seeing a lot of examples where the stock bounces on day 2
-didn't write out and think through my plan

How much risk should/did I take?
-366-530;3-4% of NLV
-was a bit irresponsible, added when I should not have

Recap / Trade Management:
-ended up getting long due to lack of planning and preparation
-got long too early, before it fully pulled back to VWAP or earnings a/h support level (119.81)
-then I tried to get out for what would have been a -40 loss but I exited only 1/2 the position
-at this point, i'm in wait and see mode (need to continue increasing awareness and cut position when I shift into this mode), and decide to add a tier after ROKU holds VWAP
-exited the entire position when price traded back down to VWAP
-I think this is one of the few times I traded an option expiring on the same day, which was another error on my part
-I was also trading this and EXPE; another error

What did I do well?
-not much

How could I have traded this better?
-trade 1 name at a time
-pass on the trade since price had not broken below day 1 lows (116.26), or above the top of the high volume price channel (128.38)
-not enter into options expiring on the same day (have to be exactly right b/c time is not on your side so it is easier to be in the next weekly cycle) -> the 122 call went to 0

What did the tape look like during the most important moments intraday?

Where could I have been responsibly bigger?
-NA

Gain/loss relative to expected gain/loss:
-loss greater than expected, errors and bad risk management