MARA Trade on Dec 17, 2020 11:09 from beno: Tradervue User Stock Trades.

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beno

 

Fundamentals

-Float = 27M

Catalysts / News / Painting the picture

-Jul 27 2020: Bitcoin price sympathy
-Nov 18 2020: Bitcoin price sympathy
-Nov 30 2020: New Bitcoin ATH today
-Dec 16 2020: Structurally significant ATH break-out of Bitcoin price

Technical Analysis

-SPY pattern: Consolidation
-Intraday pattern: Consolidation
-Other notes: N/a

Strategy / Confluence / Sizing Guide / Risk

Strategy: Accumulation of BTC continuation
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 500-1000
Risk (stop / Rs): independent per execution / add

Review / Lessons Learned

Same BTC accumulation pattern continuation trade because BTC ATH breach was structurally significant. Since RIOT was being sold heavily today (most likely due to ATMs), MARA was my flavor of choice today, it moved a lot better than RIOT. Used BTC price as guide to get good entries on MARA, tried to hold for intraday swing but intraday pattern ended up being a consolidation. +6.25R

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Execution detail:

Date/time Symbol Side Price Position
2020-12-17 11:09:51 MARA buy $9.870 long
2020-12-17 11:09:51 MARA buy $9.870 long
2020-12-17 11:09:51 MARA buy $9.867 long
2020-12-17 11:09:51 MARA buy $9.870 long
2020-12-17 11:11:49 MARA sell $10.030 long
2020-12-17 11:17:31 MARA buy $9.727 long
2020-12-17 11:17:31 MARA buy $9.730 long
2020-12-17 11:17:31 MARA buy $9.727 long
2020-12-17 11:23:33 MARA sell $9.910 long
2020-12-17 11:23:33 MARA sell $9.910 long
2020-12-17 11:48:55 MARA sell $10.370 long
2020-12-17 11:49:37 MARA buy $10.070 long
2020-12-17 11:50:22 MARA buy $10.070 long
2020-12-17 11:50:22 MARA buy $10.080 long
2020-12-17 12:00:33 MARA sell $10.190 long
2020-12-17 12:00:33 MARA sell $10.190 long
2020-12-17 13:00:07 MARA sell $9.853 long
2020-12-17 13:00:07 MARA sell $9.850 0
2020-12-17 13:00:25 MARA buy $9.870 long
2020-12-17 13:00:26 MARA buy $9.870 long
2020-12-17 13:00:26 MARA buy $9.870 long
2020-12-17 13:05:00 MARA sell $10.070 long
2020-12-17 13:05:00 MARA sell $10.072 long
2020-12-17 13:05:00 MARA sell $10.070 0
2020-12-17 13:12:20 MARA buy $9.820 long
2020-12-17 13:12:20 MARA buy $9.817 long
2020-12-17 13:12:20 MARA buy $9.820 long
2020-12-17 13:13:03 MARA sell $9.783 long
2020-12-17 13:13:03 MARA sell $9.780 long
2020-12-17 13:13:03 MARA sell $9.780 0
2020-12-17 13:15:07 MARA buy $9.705 long
2020-12-17 13:15:59 MARA sell $9.720 long
2020-12-17 13:15:59 MARA sell $9.723 long
2020-12-17 13:15:59 MARA sell $9.723 0
2020-12-17 13:16:45 MARA buy $9.495 long
2020-12-17 13:19:56 MARA sell $9.660 long
2020-12-17 13:19:56 MARA sell $9.660 0
2020-12-17 13:48:05 MARA buy $9.890 long
2020-12-17 13:48:05 MARA buy $9.890 long
2020-12-17 13:50:33 MARA buy $9.880 long
2020-12-17 14:00:36 MARA buy $9.970 long
2020-12-17 14:00:36 MARA buy $9.967 long
2020-12-17 14:05:21 MARA sell $10.003 long
2020-12-17 14:05:21 MARA sell $10.000 long
2020-12-17 14:06:06 MARA buy $9.950 long
2020-12-17 14:06:06 MARA buy $9.945 long
2020-12-17 14:09:06 MARA sell $10.090 long
2020-12-17 14:09:13 MARA sell $10.090 long
2020-12-17 14:21:35 MARA sell $10.172 long
2020-12-17 14:21:35 MARA sell $10.170 long
2020-12-17 14:30:15 MARA sell $10.100 long
2020-12-17 14:30:15 MARA sell $10.105 long
2020-12-17 14:30:15 MARA sell $10.100 0
2020-12-17 14:40:25 MARA buy $10.070 long
2020-12-17 14:40:25 MARA buy $10.068 long
2020-12-17 14:41:05 MARA sell $10.040 long
2020-12-17 14:41:05 MARA sell $10.040 long
2020-12-17 14:41:05 MARA sell $10.040 0
2020-12-17 15:00:57 MARA buy $9.835 long
2020-12-17 15:02:06 MARA sell $9.870 long
2020-12-17 15:02:06 MARA sell $9.870 long
2020-12-17 15:04:10 MARA sell $9.870 long
2020-12-17 15:04:10 MARA sell $9.873 long
2020-12-17 15:04:10 MARA sell $9.870 0

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