UVXY Trade on Jun 16, 2020 09:56 from dvdturcotte: Tradervue User Stock Trades.

THE TRADES ARE ORANGE.

Entered the trade at 09:56 AM. 100 shares at 35,70/share.
1. I was expecting the ETF to benefit from the reversal of the SPY and QQQ. Never came. I decided to exit at validation for a 3$ profit.

Following this nonsense, I went back in, expecting the same reversal. Bought 100 shares at 36,11$/share 10:15 AM. Exited at 10:31 for 35,09$/share (-102$).

The yellow line signals what I was expecting the entire day.

And this is where I messed up the most. I decided to chase back in. At 11:53 AM, decided to go back in for 100 shares at 37,99$/share. The stock went down at 37,13$/share and I decided to exit the trade, out of anger. Additional loss of 86$.

And the second yellow line signals what I was expecting, once more.

BAD MOVES
1. Pretty much everything went wrong. I tried to limit my losses when hitting validation. I believe I had proper risk management.
2. I should have trusted my initial instinct, but I had no confirmation of pattern.
3. Overall, I believe it was sloppy trading.
4. I chased it.