BBBY Trade on Jul 9, 2020 10:03 from CapitalMastery: Tradervue User Stock Trades.

Summary

I took this trade with pretty good confidence based on my experience with NKE, and it's recent unexpectedly bad earnings.

Did Right

Learned from past experience, and paid tuition on NKE
Was patient with the trade, and waited for a good cover
Stayed aware of the overall market context and price action, and once I realized that BBBY had a hard time staying below $7.90, even as the SPY/market was tanking, I knew I should cover.

Did Wrong

Other than maybe sizing up a bit more, I feel like I did a really great job on this trade.

Improvements

On trades that I feel this confident on, look for ways to get bigger responsibly. Could have recycled shares on dips, and added back on spikes.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-07-09 10:03:04	BBBY	sell	$8.380	short
2020-07-09 10:03:11	BBBY	sell	$8.355	short
2020-07-09 10:58:39	BBBY	buy	$8.000	short
2020-07-09 11:19:15	BBBY	buy	$7.900	short
2020-07-09 11:20:23	BBBY	buy	$7.900	short
2020-07-09 11:20:23	BBBY	buy	$7.900	short
2020-07-09 11:20:43	BBBY	buy	$7.900	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BBBY&trade=17305445&end=20200808&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BBBY&trade=17305445&end=20200709160000&i=m60&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=BBBY&trade=17305445&end=20200709112443&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=BBBY&trade=17305445&end=20200709132543&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

BBBY Trade on Jul 9, 2020 10:03 from CapitalMastery: Tradervue User Stock Trades.

Summary

Did Right

Did Wrong

Improvements

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