UPST Trade on Sep 30, 2021 11:17 from kingsbayanalytics: Tradervue User Stock Trades.

Trade Journal

Date:
2021-09-30

Underlying:
UPST

Option Details:
1OCT21 325C

Big Picture

SPY:

QQQ:
Two days prior was all chop; no clear trend; Opened at POC from yesterday

IWM:

Intraday Fundamentals

1D RVOL: LOW
Clear Trend?: N;
Choppy but heading downward

Key Levels
Bull: $328
Bear: $315

News:

Technical Analysis

Next Big Sup/Res Level: $329 RES
Short Term: $320
Long Term: $

Trade Mgmt

Reading Tape:N
Were there any clean levels day before?:N;

Reason(s) to Sell

Price Target: $
Intraday Trend Broken?: N
Breaking News?:
N;

Nearing Another Key Level?: N
Unusual Seller on Tape?:
N;

Buying Pattern Dissipated?: N
Too Steep/Too Much Pullback?: N

Review
How Clean Was Trade?:
C;
I averaged in because I couldn't accept that I had failed original scalp.
I averaged in a second time for the same reasons.

Position Sizing:
Bad;
Averaging in might have pushed me over my TM.

Play Type

Intraday: Reversal Oversold
Longer Term: N/A
Supply/Demand: N/A
Market Profile: N/A

Summary
I could have potentially been green if I exited the CALL fast enough. I should have waited for confirmation and not taken 0DTE. Even the big boys limit use of 0DTEs. I've got to except not using them for the time being.