SNAP Trade on Jan 9, 2020 09:38 from Cklamb: Tradervue User Stock Trades.

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Cklamb

 

SNAP
Total gain/loss: $3.84 Largest gain: $2.99 (show)

Average daily gain/loss: $3.84 Largest loss: $-1.17 (show)

Average daily volume: 1320 Average per-share gain/loss: $0.01
Average winning trade: $2.51 Average trade gain/loss: $1.28
Average losing trade: $-1.17 Trade P&L standard deviation: $2.18
Total number of trades: 3 Profit factor: 4.28
Number of winning trades: 2 (66.7%) Average hold time (winning trades): 2 minutes
Number of losing trades: 1 (33.3%) Average hold time (losing trades): 3 minutes
Max consecutive wins: 1 (show)
Max consecutive losses: 1 (show)

Average position MFE: $2.20 Average position MAE: $-2.54

Intraday Fundamentals
• Two analyst upgrades and target raises
Technicals
ADV 23.48 RVOL .62 ATR .47 Short 10.53% Inst Own 42.20%
Daily

Hourly

Intraday

Trading Strategy
• Trend side long over 18
• VWAP tests and SMA momentum plays
• Late day reversal

Reading the Tape

This is not a tape that I think I could read when it is moving like it was. I tried to catch when the it was ticking on my side but worked more what off what I thought would happen at 17.50.
Trade Management

Trade Notes
• I took the first set up on momentum as it had came back into 17 and then help VWAP and started to extend. I did not plays this well as I was feeling like I was pushing size at the open.
• I tried to short it back into VWAP as the momentum slowed. It was never weak at the opening and I took a quick small loss.
• I started to play this off .50 and traded it into a small gain. At this point, I decided to wait and see if it would move beyond 18.
• I did miss what looked to be a short opportunity later in the day about the time the market pulled in.

image


Execution detail:

Date/time Symbol Side Price Position
2020-01-09 09:38:26 SNAP sell $17.495 short
2020-01-09 09:38:51 SNAP buy $17.442 0
2020-01-09 09:40:09 SNAP sell $17.420 short
2020-01-09 09:41:06 SNAP buy $17.476 short
2020-01-09 09:41:06 SNAP buy $17.475 short
2020-01-09 09:41:06 SNAP buy $17.475 0


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