PTON Trade on Apr 22, 2021 13:20 from Steve_Trades: Tradervue User Stock Trades.

Top trade today
Flipped short after assessing the impact on the Biden catalyst, wondering if we get more follow through to the downside.
Again, chased into the entry and added on the way back up. Order at VWAP didn't get filled which was unfortunate, but plan was to add more at that level which would have made for a much better trade.
+1.25R

Execution detail:

Date/time	Symbol	Side	Price	Position
2021-04-22 13:20:39	PTON	sell	$101.510	short
2021-04-22 13:20:39	PTON	sell	$101.510	short
2021-04-22 13:24:24	PTON	sell	$102.440	short
2021-04-22 13:24:24	PTON	sell	$102.440	short
2021-04-22 13:53:10	PTON	buy	$100.920	short
2021-04-22 13:56:55	PTON	buy	$100.400	short
2021-04-22 14:28:50	PTON	buy	$101.410	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=PTON&trade=30309661&end=20210422150650&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=PTON&trade=30309661&end=20210422160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=PTON&trade=30309661&end=20210422160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=PTON&trade=30309661&end=20210522&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Zoltan

2021-05-02 13:57:33

Great plan. I learned:
- Even very good traders chase some times
- Prepare to scale in as stock is moving against initial positions as long as it is acting well (here- holds under VWAP+103)
- wonderful covers will $100; zero reason to hope for a break down from it

PTON Trade on Apr 22, 2021 13:20 from Steve_Trades: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax