WDC Trade on Jan 24, 2020 09:35 from Cklamb: Tradervue User Stock Trades.

WDC
Total gain/loss: $36.54 Largest gain: $26.09 (show)

Average daily gain/loss: $36.54 Largest loss: $-30.01 (show)

Average daily volume: 14060 Average per-share gain/loss: $0.01
Average winning trade: $14.10 Average trade gain/loss: $2.81
Average losing trade: $-10.36 Trade P&L standard deviation: $15.27
Total number of trades: 13 Profit factor: 1.59
Number of winning trades: 7 (53.8%) Average hold time (winning trades): 38 minutes
Number of losing trades: 6 (46.2%) Average hold time (losing trades): 10 minutes
Max consecutive wins: 2 (show)
Max consecutive losses: 3 (show)

Average position MFE: $12.48 Average position MAE: $-11.68

Intraday Fundamentals
• Second day play after multiple Analyst ratings changes
Technicals
ADV 5.31m RVOL .83 BETA 1.86 ATR 2.17 Short 4.37% Inst Own 88.30%
Daily
Hourly
Intraday
Trading Strategy
• Long over 71 if it holds
• If it flush to 70 look for a long
Reading the Tape

There were several times through out the day the momentum on the time an sales added to the conviction of taking a position.
Trade Management

Trade Notes
• After working this prior day, I believed this would hold 71 and I had long bias looking for 72. I took it long against the tape as it came back into the opening print. I added at .90 and got the opening long back to even. I then started to work it off 70.70 and 70.50 with some minor success until 70.50 broke down while I was away from the screen. I got foolish and started to add. I did manage to work the price down and turn this into a winning trade. I did miss an opportunity to get more size at 70.60 and hesitated on the third add. I need to cut the loss and play the momentum here. This would have been more profitable.
• I started this short of with a momentum attempt with a small loss. I got some confirmation with a lower high and hit a couple solid short off .25 into .10. I did take a hit on a spike into .28 as I expected .25ish to hold. I did set up a short off .10 that hit well but I could have as I re shorted a couple minutes later for a solid runner with and add and a partial at the morning low. I did try to add and ended the runner at .73.
• I hacked myself up through the 69.80 ish level as a level that I had off the daily chart. I was trade a little apprehensive. But, I tried to size up into a long and started adding foolishly again this time for the biggest loss of the day putting me back into the red.
• I started shorting again as 69.70 seven rejected and got a full sized trade started with some early quick partial that allowed me to hold some solid size in the hold at 69.50. I decided to play it long from there and took a hit. Which I followed short again off 69.50 that flushed into 69.10. I added and tighten the stop. This tapped me out missing the flush below 69. I was trying to bigger looking for 69 and I did not give it enough room for the noise. This was a highly profitable run. But, another run that I could have managed better for a bigger series or even just one managed short into 69.
• I tried to run this long thinking 69.20 was going to hold I got a quick solid partial on tight risk. 69.20 did not hold making this a fairly lucky quick win due to taking solid risk off partials. At this time of the day, I probably should have been a little more hesitant to continue to size into a short looking for a level to break.
• I did start working this off 69.20 with some success. I was sizing to heavy to try to hold these and need to size down to help with the patience. I ended up getting a nice size run near the top here. But, again, there was a trade at the start of this that given a little more patience even with smaller size would have been more profitable.
I did manage to catch the break below 69.70 with some help from the action on the tape and took the position of methodically. This is about the best trade management on a single trade since we went commission free. But, I gave good chunk of it back trying to push into the close on trying to long a move above 69.60.