Shared by
Dyer868
Good entry below VWAP for the 15m reverse ABCD. Took good partials then added more during consolidation. (Stock seemed very weak and I was expecting a continued downward move.)
Added more on LOD break. Took more good partials approaching $6 whole number.
Added more on pullback to VWAP with decreasing volume. Price continued upwards, volume spiked: pullback was now a reversal. Stopped out at BE.
Overall I added too much and didn't take big enough partials. Left too much of my position to go back to BE.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-02-02 10:26:43 | AMC | sell | $7.400 | short |
| 2021-02-02 10:28:34 | AMC | buy | $7.130 | short |
| 2021-02-02 10:28:54 | AMC | buy | $7.010 | short |
| 2021-02-02 10:31:31 | AMC | buy | $6.830 | short |
| 2021-02-02 10:34:11 | AMC | sell | $6.710 | short |
| 2021-02-02 10:45:26 | AMC | sell | $6.520 | short |
| 2021-02-02 10:47:16 | AMC | buy | $6.370 | short |
| 2021-02-02 10:47:55 | AMC | buy | $6.320 | short |
| 2021-02-02 10:48:49 | AMC | buy | $6.140 | short |
| 2021-02-02 10:48:57 | AMC | buy | $6.080 | short |
| 2021-02-02 10:52:02 | AMC | sell | $6.570 | short |
| 2021-02-02 10:55:26 | AMC | buy | $6.780 | 0 |
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