SVXY Trade on Sep 21, 2015 10:50 from ToqueX: Tradervue User Stock Trades.

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Grade=D

The setup: sympathy play with SPY momo

The result: Stopped out. I practiced scaling in and was pretty stubborn with this one for no good reason. SPY was fairly extended and I should have recognized that we were pretty close to 54 resistance on SVXY. A lot of bad trades for me recently. Not cause for rejoicing.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-09-21 10:50:21	SVXY	buy	$53.630	long
2015-09-21 10:56:10	SVXY	buy	$53.750	long
2015-09-21 10:58:58	SVXY	sell	$53.410	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SVXY&trade=3538774&end=20151021&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SVXY&trade=3538774&end=20150921160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SVXY&trade=3538774&end=20150921132858&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=SVXY&trade=3538774&end=20150921112558&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

SVXY Trade on Sep 21, 2015 10:50 from ToqueX: Tradervue User Stock Trades.

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