CHWY Trade on Apr 29, 2020 13:01 from tradelikelarry: Tradervue User Stock Trades.

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Trade Planning:

195M Chart: Uptrend, Consolidation below recent ATH.
TTM Squeeze: 195m
Earnings Date: 6/2-

Reason For Entry:

Playing 195m chart. CHWY is in a pattern of consolidation below its ATH. TTM squeeze on 195m chart. Order filled at buy zone (21ema). Watching for move to ATH. Will stop out if TTM fires short.

Reason For Exit:

Pattern failed and TTM fired short. Out for a loss of (2.2% of portfolio).

Recap:

The 2 entries were correct. Price just faded and TTM fired short. Since I was Risking about 3% of portfolio (larger than normal) I had a pretty big loss of (2.2% of portfolio). Need to position size better.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-04-29 13:01:30	8 MAY 20 43 CALL	buy	$2.250	long
2020-04-30 10:32:06	8 MAY 20 43 CALL	sell	$2.900	long
2020-04-30 12:53:56	8 MAY 20 43 CALL	buy	$2.300	long
2020-04-30 14:53:02	8 MAY 20 43 CALL	buy	$2.230	long
2020-04-30 16:39:38	8 MAY 20 43 CALL	buy	$1.850	long
2020-05-04 14:13:51	8 MAY 20 43 CALL	sell	$0.4500	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CHWY&trade=14312697&end=20200529&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CHWY&trade=14312697&end=20200529&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CHWY&trade=14312697&end=20200529&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=CHWY&trade=14312697&end=20200926&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

CHWY Trade on Apr 29, 2020 13:01 from tradelikelarry: Tradervue User Stock Trades.

Trade Planning:

Reason For Entry:

Reason For Exit:

Recap:

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