SPY Trade on May 17, 2021 09:49 from dominicci13: Tradervue User Stock Trades.

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dominicci13

 

First trade: Opened position at open price of the day breakout with a put option. Good entry, it was very clear, and followed strategy. Felt anxious, but confident. PUT

Second trade: Opened position at the stopped-out price of last position. Saw that the chart changed tendency to bullish at open price on the 1m chart. But on 15m chart it was a clear fakeout. Bad entry, should've waited longer to open the position. CALL


Patience was key on this two trades. Patience for the first trade to work out just as planed. But being stopped-out it was just part of the risk management. Need to reevaluate if the stop-loss it's at a good location. And for the second trade, I needed patience to enter the position. I entered too early, and that's why it didn't worked out.


Execution detail:

Date/time Symbol Side Price Position
2021-05-17 09:49:30 SPY buy $1.740 long
2021-05-17 10:18:10 SPY sell $1.630 0
2021-05-17 10:22:14 SPY buy $0.5500 long
2021-05-17 10:30:03 SPY sell $0.4400 0


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