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.
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 |
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