DIS Trade on Apr 7, 2020 14:03 from Cklamb: Tradervue User Stock Trades.

I started watch this when it started to around 103 as the overall market was turning over and I felt every thing else I had planned for was over done to the downside and this had follow the market most of the morning. I took the first trade on pure momentum with the intention of setting smaller quickly for a small runner that worked well. I chase a the same momentum on a couple smaller trades as this bounce off 102 a few times. I finally hit one below 102 for a run and finish with a couple of hacks for the break of .50.

DIS
Total gain/loss: $39.41 Largest gain: $20.67 (show)

Average daily gain/loss: $39.41 Largest loss: $-5.29 (show)

Average daily volume: 2340 Average per-share gain/loss: $0.03
Average winning trade: $9.09 Average trade gain/loss: $4.93
Average losing trade: $-2.01 Trade P&L standard deviation: $8.20
Total number of trades: 8 Profit factor: 7.52
Number of winning trades: 5 (62.5%) Average hold time (winning trades): 16 minutes
Number of losing trades: 3 (37.5%) Average hold time (losing trades): half a minute
Max consecutive wins: 2 (show)
Max consecutive losses: 2 (show)

Average position MFE: $6.09 Average position MAE: $-4.02

Intraday Fundamentals
• No pre-market prep, long term long bias
• Trading stronger than most of the bottom
• Market stock,
Trading Strategy
• Intraday levels
• VWAP
• Momentum plays
Reading the Tape
I did not see any specific points this tape today. Although this is getting back to seeing 5 cent ranges where this will stall as it changes the shortest term momentum making it easier to try to get a better spot on the side of the trade I was looking to take.
Trade Management

Trade Notes
• I started watch this when it started to around 103 as the overall market was turning over and I felt every thing else I had planned for was over done to the downside and this had follow the market most of the morning. I took the first trade on pure momentum with the intention of setting smaller quickly for a small runner that worked well. I chase a the same momentum on a couple smaller trades as this bounce off 102 a few times. I finally hit one below 102 for a run and finish with a couple of hacks for the break of .50.
• A solid support play. I was protecting the profit and was just too small off a strong level of support.
• I was following late on the momentum. I fomoed on the first trade here looking for an extension to a new low. I got out with a small profit on a ten second trade that turned against me pretty quick. I tried to short again at 101 on some weakness and had to tap out a this was not giving way like I had hoped.
• I just followed the momentum through here take quick bits trying to avoid a fallout which I have seen I have seem a few times over the last m