DIS Trade on May 13, 2020 10:38 from Cklamb: Tradervue User Stock Trades.

Gravatar

Shared by
Cklamb

 

DIS
Total gain/loss: $-17.36 Largest gain: $39.00 (show)

Average daily gain/loss: $-17.36 Largest loss: $-42.98 (show)

Average daily volume: 1670 Average per-share gain/loss: $-0.02
Average winning trade: $7.93 Average trade gain/loss: $-1.93
Average losing trade: $-21.65 Trade P&L standard deviation: $21.79
Total number of trades: 9 Profit factor: 0.73
Number of winning trades: 6 (66.7%) Average hold time (winning trades): 5 minutes
Number of losing trades: 3 (33.3%) Average hold time (losing trades): 5 minutes
Max consecutive wins: 3 (show)
Max consecutive losses: 2 (show)

Average position MFE: $7.61 Average position MAE: $-9.50

Intraday Fundamentals
• Back up trader for the day
• Have several levels to work with
• Not prepped on Fundamentals
Trading Strategy
• VWAP and Momentum Plays
Reading the Tape
There were a couple of hacks that I entered with some apparent sellers. But, I did not watch the tape before trying to play this as a long at VWAP. Which was costly.
Trade Management

Trade Notes

8:36 AM
I came to this as the SPY was looking strong and this had bounce above VWAP and 103.50 a couple of times. I was committed to trying to size into some trades and this was a double level sort of things. This first hit at 100 and then the foolish one where doubled up.
8:41 am
I had 12 cents on this after adding. I was not able to hold it for the full 30 off the the 15 30 set up entered on. This is where my patience and anxiety kill me. I took this off as soon as I had made it back to even for the day and this bounced off 103.20. there was a lot here.
I would hack at this a couple times later in the day. There was a couple of set ups that I should have take to the house. I find myself thinking I need to trade this as aggressive in the afternoon as I started with.


I came to this as the SPY was looking strong and this had bounce above VWAP and 103.50 a couple of times. I was committed to trying to size into some trades and this was a double level sort of things. This first hit at 100 and then the foolish one where doubled up.
image


Execution detail:

Date/time Symbol Side Price Position
2020-05-13 10:38:30 DIS buy $103.595 long
2020-05-13 10:38:30 DIS buy $103.595 long
2020-05-13 10:41:50 DIS sell $103.380 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in