Shared by
Cklamb
I waited and watched as this lost the strength to move it much beyond the opening print. This gave in VWAP and I got short at the SMA. I was using the breaking candle as the stop giving 26 cents of risk. This does mean that the partial came out a bit early at 18 cents partially doe to the spread at the time. I showed okay patience here. But, I do have better exit rules for situations that start working like this.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-01-20 09:44:18 | PINS | sell | $71.346 | short |
| 2021-01-20 09:44:18 | PINS | sell | $71.346 | short |
| 2021-01-20 09:46:36 | PINS | buy | $71.188 | short |
| 2021-01-20 09:46:36 | PINS | buy | $71.188 | short |
| 2021-01-20 09:53:09 | PINS | buy | $70.800 | 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!