DAL Trade on May 14, 2020 11:18 from Cklamb: Tradervue User Stock Trades.

DAL
Statistics
Total gain/loss: $0.31 Largest gain: $5.69 (show)
Average daily gain/loss: $0.31 Largest loss: $-4.32 (show)
Average daily volume: 380 Average per-share gain/loss: $0.00
Average winning trade: $4.10 Average trade gain/loss: $0.08
Average losing trade: $-3.94 Trade P&L standard deviation: $4.83
Total number of trades: 4 Profit factor: 1.04
Number of winning trades: 2 (50.0%) Average hold time (winning trades): 1 minute
Number of losing trades: 2 (50.0%) Average hold time (losing trades): 1 minute
Max consecutive wins: 1 (show) Max consecutive losses: 1 (show)
Average position MFE: $2.05 Average position MAE: $-2.45
Intraday Fundamentals
• Trading on volume, tight spread,
• Opening at ATL
Technicals
ADV 44.74 m RVOL 1.65 ATR 1.90 BETA 1.29 Short 3.58% Inst Own
Daily

Hourly

Intra

Trading Strategy

Reading the Tape
I did not work the tape on this well. As a matter of fact I saw the strength on the first short and took it anyway.
Trade Management

Trade Notes
I shorted this as it came into the bottom of the opening range looking for it turn lower. I had seen this break down from just below 18.50 and started looking for the short. I entered with the tape against me and should have held until I saw a prolonged stall.
9:16 am
All and all just bad.. I set this up of 19.40 on a 10/20.. I cannot figure out why I thought this would hold. I needed to hold until this got closer to .50. or not take a trade.
9:17 AM
Hmm.. I could have just put a better stop in on the prior short and been more profitable that take this quick hack.

Hmm.. I could have just put a better stop in on the prior short and been more profitable that take this quick hack.