Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-Sep 08 2020: Earnings - Q2 billings miss estimates
Technical Analysis
-SPY pattern: Runner
-Intraday pattern: Consolidation
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: Distribution
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 500
Risk (stop / Rs): 25.4
Review / Lessons Learned
Made the mistake of stopping out as soon as my stop price was reached, I didn't give the tape any time to tell me different, I top ticked the stop cover... This is the second time I'm writing this lessons learned
This trade would have worked out perfectly had I not stopped out, I also made the mistake of not getting back in on the stall!
Lessons Learned:
1. When stop price is reached, wait a moment before stopping out, remember the fudge factor!
2. If stopped out and pattern continue to plays out how you expect, get back in!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-09-09 10:58:32 | WORK | sell | $25.270 | short |
| 2020-09-09 10:58:59 | WORK | sell | $25.270 | short |
| 2020-09-09 10:58:59 | WORK | sell | $25.270 | short |
| 2020-09-09 11:04:57 | WORK | buy | $25.420 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!