Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-May 06 2020: Earnings - Revs up 47% Q/Y
Technical Analysis
-SPY pattern: Fade
-Intraday pattern: Fade
-Levels: 775, 800, 825, 850
Strategy / Confluence / Sizing Guide / Risk
Strategy: FT-15 short of 795 - 800 level
Confluence: Whole $
Strike Zone: 795 - 800
Sizing (lots): 3
Risk (stop / Rs): Hold above 800
Review / Lessons Learned
Didn't even use proper size because I was worried that it had just bounced from the important 775 level.
Lessons Learned:
- Always use predefined size (from sizing guide)
- Always take starters, use common sense and look at stocks range (does it make sense to take starter here?)
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-05-26 10:53:19 | SHOP | sell | $796.390 | short |
| 2020-05-26 10:55:43 | SHOP | sell | $797.590 | short |
| 2020-05-26 10:57:53 | SHOP | buy | $792.610 | short |
| 2020-05-26 11:00:24 | SHOP | buy | $795.760 | 0 |
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