N/a
-May 07 2020: Earnings - Revs up 18% Q/Y, beats estimates
-SPY pattern: Runner
-Intraday pattern: Consolidation
-Levels: 21.3, 22, 22.5
Strategy: FT-15 long of 22
Confluence: Whole $, Prior Close, Gap Fill
Sizing (lots): 4
Risk (stop / Rs): Hold below 22, PA below bottom wick of 22.9
Forgot to treat the 22 support level as a zone and thus didn't add when it dipped below 22, was to focused on the tape. Should have added emergency lots in the strike zone between 22 and 21.8 (the consolidation area from yesterday). Stopped out with the rest of the herd, SIGH.
Lessons Learned:
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-05-08 09:36:03 | DBX | buy | $22.070 | long |
2020-05-08 09:36:05 | DBX | buy | $22.050 | long |
2020-05-08 09:36:10 | DBX | buy | $22.030 | long |
2020-05-08 09:36:17 | DBX | buy | $21.960 | long |
2020-05-08 09:36:17 | DBX | buy | $21.960 | long |
2020-05-08 09:37:19 | DBX | sell | $21.850 | long |
2020-05-08 09:37:19 | DBX | sell | $21.850 | long |
2020-05-08 09:37:19 | DBX | sell | $21.850 | long |
2020-05-08 09:37:19 | DBX | sell | $21.850 | 0 |
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