FB Trade on Oct 13, 2021 09:35 from kingsbayanalytics: Tradervue User Stock Trades.

Trade Journal

Date:
2021-10-13

Underlying:
FB

Option Details:
15OCT21 325C

Big Picture

SPY:

QQQ:
Opened above yesterday close

IWM:

Intraday Fundamentals

1D RVOL: 2
Clear Trend?: Y;
Down

Key Levels
Bull: $326.5
Bear: $325

News:

Technical Analysis

Next Big Sup/Res Level: $325 SUP
Short Term: $
Long Term: $

Trade Mgmt

Reading Tape: Y
Were there any clean levels day before?: Y;
317 SUP

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 waited some after the bell; honored my stop. I didn't take into account the longer term downtrend I just saw the gap up and RVOL

Position Sizing:
Good;
A little high. My RR seemed worth it for a $326.5 entry / $328+ target but if I realized I was against the trend I wouldn't have entered.

Play Type

Intraday: Opening Drive
Longer Term: N/A
Supply/Demand: N/A
Market Profile: N/A

Summary
I was too bullish biased; Was patient but not patient enough for good entry.

/NQ was choppy
I didn't take FED talk into account either