DIS Trade on Mar 6, 2020 15:30 from Cklamb: Tradervue User Stock Trades.

I traded this long too short sighted. I believe I am protecting the P7L at this point.
DIS
otal gain/loss: $26.75 Largest gain: $20.81 (show)

Average daily gain/loss: $26.75 Largest loss: $-5.85 (show)

Average daily volume: 1610 Average per-share gain/loss: $0.03
Average winning trade: $6.61 Average trade gain/loss: $3.82
Average losing trade: $-3.14 Trade P&L standard deviation: $8.25
Total number of trades: 7 Profit factor: 5.26
Number of winning trades: 5 (71.4%) Average hold time (winning trades): about 1 hour
Number of losing trades: 2 (28.6%) Average hold time (losing trades): 10 minutes
Max consecutive wins: 3 (show)
Max consecutive losses: 1 (show)

Average position MFE: $7.62 Average position MAE: $-3.30

Intraday Fundamentals
• General market sell off market play, volatile smaller spread
Technicals
ADV 11.59 RVOL 1.97 ATR 4.19 BETA 1.03 Short 1% Inst Own 66.20%
Daily

Hourly

Intra

Trading Strategy
• Play intraday levels small
• VWAP tests and SMA momentum plays
Reading the Tape
There were times that it was obvious that this would continue to move in the direction of the trade. However, any spike either direction would act like it wanted to change longer term which I thing came more from how far this would move in any one direction on the tape.
Trade Management

Trade Notes
• I had a short bias going into the day and stayed away from this as it moved up after trying to catch an opening short around 110. I played small all the way through here. This is another spot where I needed more patience with the short off 114. and 113.50.
• I tired to play this off the SMA looking pushing a bit for the flush to 113 or below that to VWAP on this run. I did manage to catch a resistance play in this series off 114 resistance. But, I was late enough to not make it a good trade.
• I shorted shorting this off 114 as it had failed to hold earlier in the day. I took that trade on tow quick scalps. One off 113.50 and one off VWAP. The I chased a bit looking for 112 to fail. Mainly following momentum through out these trades both on the tape and on the chart.
• This chopped me up. WItht he down market and this things being weak all day it was tough to hold through this as it would have been a home run long.
• I shorted this as when it gave way at VWAP. I need to set this up off of 113 and It would have not set up to be as bit of loser.
• I traded this long too short sighted. I believe I am protecting the P7L at this point.