DBX Trade on May 8, 2020 09:36 from beno: Tradervue User Stock Trades.

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beno

 

Fundamentals

N/a

Catalysts / News / Painting the picture

-May 07 2020: Earnings - Revs up 18% Q/Y, beats estimates

Technical Analysis

-SPY pattern: Runner
-Intraday pattern: Consolidation
-Levels: 21.3, 22, 22.5

Strategy / Confluence / Sizing Guide / Risk

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

Review / Lessons Learned

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:

  1. Add emergency lots when already full size and PA is dipping into strike zone.
  2. Always remember where the stock came from! (How much more weak can it get if it already sold off 1 point)

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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