Shared by
BanalityOfEvil
multi-day swing trade (day 1 stopped out)
Looking for spy to break below 378 to get long SQQQ over the 15$ level. Should have waited for Fed news to break in the afternoon to confirm my bias on entry. Got long in the open after 15 broke SQQQ with a stop below the low of the day @ 14.70. Market was bouncing wildly up and down throughout morning session. Stopped out. Fed news - no intention of intervening with q.e. so I am still biased on SQQQ long to 16, 17.50, and possible 19.
Should have set original stop around 15 and looked to enter again lower, or to fight for a better price below 15 instead of putting full position on above 15 before the news was scheduled to break.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-03-04 09:49:50 | SQQQ | buy | $15.260 | long |
| 2021-03-04 09:50:00 | SQQQ | buy | $15.270 | long |
| 2021-03-04 09:50:01 | SQQQ | buy | $15.290 | long |
| 2021-03-04 09:50:01 | SQQQ | buy | $15.280 | long |
| 2021-03-04 09:50:02 | SQQQ | buy | $15.270 | long |
| 2021-03-04 09:50:06 | SQQQ | buy | $15.278 | long |
| 2021-03-04 09:50:07 | SQQQ | buy | $15.280 | long |
| 2021-03-04 09:50:07 | SQQQ | buy | $15.275 | long |
| 2021-03-04 09:50:07 | SQQQ | buy | $15.270 | long |
| 2021-03-04 09:50:09 | SQQQ | buy | $15.249 | long |
| 2021-03-04 09:52:05 | SQQQ | buy | $15.230 | long |
| 2021-03-04 09:52:59 | SQQQ | buy | $15.268 | long |
| 2021-03-04 09:53:09 | SQQQ | buy | $15.230 | long |
| 2021-03-04 09:53:11 | SQQQ | buy | $15.240 | long |
| 2021-03-04 09:53:12 | SQQQ | buy | $15.240 | long |
| 2021-03-04 09:54:54 | SQQQ | buy | $15.280 | long |
| 2021-03-04 09:55:08 | SQQQ | buy | $15.298 | long |
| 2021-03-04 09:55:08 | SQQQ | buy | $15.300 | long |
| 2021-03-04 09:55:09 | SQQQ | buy | $15.318 | long |
| 2021-03-04 09:55:10 | SQQQ | buy | $15.315 | long |
| 2021-03-04 09:55:37 | SQQQ | buy | $15.295 | long |
| 2021-03-04 09:55:37 | SQQQ | buy | $15.300 | long |
| 2021-03-04 09:55:43 | SQQQ | buy | $15.300 | long |
| 2021-03-04 09:55:44 | SQQQ | buy | $15.300 | long |
| 2021-03-04 09:55:47 | SQQQ | buy | $15.310 | long |
| 2021-03-04 09:55:50 | SQQQ | buy | $15.310 | long |
| 2021-03-04 09:55:51 | SQQQ | buy | $15.309 | long |
| 2021-03-04 09:55:51 | SQQQ | buy | $15.310 | long |
| 2021-03-04 09:55:51 | SQQQ | buy | $15.310 | long |
| 2021-03-04 09:55:51 | SQQQ | buy | $15.310 | long |
| 2021-03-04 10:48:38 | SQQQ | buy | $14.810 | long |
| 2021-03-04 11:40:58 | SQQQ | sell | $14.695 | 0 |
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