DAL Trade on Mar 31, 2020 10:42 from Cklamb: Tradervue User Stock Trades.

After trying to play both sides of .25, I took it short after it gave way at .20 I really left a lot on the table bu this got me back to green with only a little bit of my trading left as I had an appointment that would shorten the screen time.

DAL
Total gain/loss: $5.85 Largest gain: $51.34 (show)

Average daily gain/loss: $5.85 Largest loss: $-72.44 (show)

Average daily volume: 8560 Average per-share gain/loss: $0.00
Average winning trade: $18.74 Average trade gain/loss: $0.65
Average losing trade: $-21.96 Trade P&L standard deviation: $33.08
Total number of trades: 9 Profit factor: 1.07
Number of winning trades: 5 (55.6%) Average hold time (winning trades): 4 minutes
Number of losing trades: 4 (44.4%) Average hold time (losing trades): 8 minutes
Max consecutive wins: 2 (show)
Max consecutive losses: 2 (show)

Average position MFE: $11.89 Average position MAE: $-18.01

Intraday Fundamentals
• Airline stocks are moving everyday
• No revenue relief insight, but stimulus package is helping them stay playable
• This one moves lower slower and higher faster than it’s peers
Technicals
ADV 18.39m RVOL 1.64 ATR BETA 1.5 Short 4.81% Inst Own 88.9%
Daily

Hourly

Intra

Trading Strategy
Reading the Tape
There were spots here that I saw for the first time in a while. I did not seem to be able to catch them when the opportunity first presented itself.
Trade Management

Trade Notes
• I was trying for the break down at 29 as it was yesterday's HoD and the hard sell off out of the gate led me to believe that this would move to 28 before becoming to strong. It was a solid RVR trade. I watch for a bit longer and sold into some weakness grabbing a great with a 20 cent partial and a stop at break even that I had hop to let run that got tapped out. It was then being discouraged that I just gave cents tried shorting into VWAP and added in for a large loss with a small and lucky make up hack off .75. I managed to stop trading before I made matters worse.
• A flip after the hack session. I would walk away from this.
• After trying to play both sides of .25, I took it short after it gave way at .20 I really left a lot on the table bu this got me back to green with only a little bit of my trading left as I had an appointment that would shorten the screen time.
• I simply played this for the quick bounce of 30 a point of inflection for the last couple of days.