Market vol product
-Fed announced 50 basis points cut last week
-Trump pitches 0% payroll tax
-Coronavirus fears continue, case count outside of china increasing faster
-WHO declares COVID-19 as global pandemic
-SPY made a new weekly low but quickly got bought back up
-SPY Fade all day
First Test short of SPY's 273.50 level which was also the lows from Monday/Tuesday (short SPY / Long TVIX)
I broke my rule and took a loss at the end of the day, I DESERVED IT!
Lessons Learned: Remember to NEVER PLAY TVIX DURING THE LAST HALF HOUR OF TRADING!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-03-11 15:31:34 | TVIX | buy | $272.530 | long |
2020-03-11 15:31:44 | TVIX | buy | $271.700 | long |
2020-03-11 15:33:08 | TVIX | sell | $270.650 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!