SPCE Trade on May 4, 2020 13:08 from tradelikelarry: Tradervue User Stock Trades.

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tradelikelarry

 

Trade Planning:

  • Daily Chart: Uptrend, Consolidation below recent highs.
  • TTM Squeeze: none
  • **Earnings Date: **

Reason For Entry:

  • Entered at the MA cluster. Taking a shot into earnings.

Reason For Exit:

  • Price never took off. Closed for a loss.

Recap:

  • Entry was correct, but should have played this one smaller as it is not a typical pattern setup that I follow considering I would only hold this position for 1 day due to earnings. Small loss but its still a loss. Will play these trades smaller unless its a standard pattern play that I trade. I need to stick to what I know and try not to gamble other strategies.

Execution detail:

Date/time Symbol Side Price Position
2020-05-04 13:08:27 8 MAY 20 18 CALL buy $1.240 long
2020-05-05 10:48:12 8 MAY 20 18 CALL sell $0.9200 long
2020-05-05 15:37:59 8 MAY 20 18 CALL sell $0.8000 0


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