LUV Trade on Jun 12, 2020 10:13 from Cklamb: Tradervue User Stock Trades.

LUV
Statistics
Total gain/loss: $7.18 Largest gain: $9.94 (show)
Average daily gain/loss: $7.18 Largest loss: $-13.33 (show)
Average daily volume: 576 Average per-share gain/loss: $0.02
Average winning trade: $5.13 Average trade gain/loss: $1.44
Average losing trade: $-13.33 Trade P&L standard deviation: $9.10
Total number of trades: 5 Profit factor: 1.54
Number of winning trades: 4 (80.0%) Average hold time (winning trades): 3 minutes
Number of losing trades: 1 (20.0%) Average hold time (losing trades): 2 minutes
Max consecutive wins: 4 (show) Max consecutive losses: 1 (show)
Average position MFE: $5.96 Average position MAE: $-5.66

Intraday Fundamentals
• Airlines rebounding after selling off three days
• Upgraded by Tier 2
Technicals
ADV 23.21 RVOL 1.23 ATR 2.66 BETA 1.26 Short 3.34% Inst Own 73%
Daily

Hourly

Intra

Trading Strategy
• 35 inflection, long here if it pulls back into this level and holds
• Long 33 as an S2 play if 35 drops
• If the market gets strong look for a break out long over 37
• VWAP tests and Momentum plays off intra day levels
Reading the Tape

Trade Management

Trade Notes
This was the right idea. But, poor execution, I tried to anticipate a hold at 36.8o ish and felt that it could fail at 36.50. This level worked as an inflection point on two days prior. A small adjustment to this level and little more conviction to hold through a test of 37 may have allowed me to stick this through a little better. A better approach would have been to wait for a test of this inflection point with the same 30ish cents at risk. Or, I could have set for a one for one off a dollar stop as had a stronger level just under 37.50.
I am not sure why I did not hold this.. This is where I keep missing the boat. I needed to take this on a bracket at the very least or sit through another 20 or 30 cents of risk. Even though I am beginning to see certain things that with these prior day and premarket levels. I am not showing the right approach.
Nice play for the break of VWAP. I was on the right side of this and just playing way to tight.
I could have managed this into a big winner. I think the delay on filling me did not help me on this at all.