JPM Trade on May 26, 2020 09:51 from Cklamb: Tradervue User Stock Trades.

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Cklamb

 

JPM
Statistics
Total gain/loss: $9.28 Largest gain: $4.55 (show)
Average daily gain/loss: $9.28 Largest loss: $0.00
Average daily volume: 180 Average per-share gain/loss: $0.10
Average winning trade: $3.09 Average trade gain/loss: $3.09
Average losing trade: n/a Trade P&L standard deviation: $1.31
Total number of trades: 3 Profit factor: n/a
Number of winning trades: 3 (100.0%) Average hold time (winning trades): 6 minutes
Number of losing trades: 0 Average hold time (losing trades): 0
Max consecutive wins: 3 (show) Max consecutive losses: 0
Average position MFE: $4.39 Average position MAE: $-0.75

Intraday Fundamentals
• Banks are also trading strong on signs of economic re-opening?
Technicals
ADV 27.51m RVOL .47 ATR 3.36 BETA 1.17 Short .8% Inst Own 74%
Daily

Hourly

Intra

Trading Strategy
• Breakout long at 94?? If this rejects this level once, look for a long on the second attempt if it begins to hold
• Pull back longs at 91 and /or 92
Reading the Tape
I could see a slow change in character on the tape moving into the first trade. But, there was nothing definitive that I saw there.
Trade Management

Trade Notes
Ugh.. I set this up well. I took this after the tap of VWAP on 7/15 and cancel the bracket and took the partial at .14 cents. I took a little more off above as it came back in from .62 and set the stop a B/E. I even told myself multiple times to not move stop at all. However, as it held .75 for a good couple of minutes I figured it would not break 93.50 again unless it had changed direction. I set the stop and got tapped out when I should have been adding.
As this broke and started to move away from 94, I started to look for a short back into 94. I caught the right action on the tape and took a short on 7/15 that I did not let work for me due to patience.
A short off 97.. I was missing a target here.

image


Execution detail:

Date/time Symbol Side Price Position
2020-05-26 09:51:12 JPM buy $93.320 long
2020-05-26 09:56:06 JPM sell $93.460 long
2020-05-26 10:02:52 JPM sell $93.570 long
2020-05-26 10:07:28 JPM sell $93.440 0


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