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DMacTrades

 

JSPR

Oct 13, 2021 11:43


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Back Side Trade Broker: TD Long Long Above VWAP Setup: Flag Break Winner

  • My only trade of the day. I am working hard on eliminating the NEED to trade so that I am more present and focused on a smaller number of larger context trades.

  • This might look good on a chart from afar, but up close it is clearly terribly executed.

  • Entered on the break of the flag line on a premature push... and then sat through the pullback only because of the strength it was showing. When there is a failed flag break WITHOUT a big pullback it typically means that the second attempt to push is going to succeed.

  • Technically a winner but I'm not happy with my having taken the trade where I did.

  • Result: 1R

  • Return on Capital Deployed: 5.46%

  • Exit Efficiency: 98.5%


Execution detail:

Date/time Symbol Side Price Position
2021-10-13 11:43:22 JSPR buy $15.940 long
2021-10-13 11:43:22 JSPR buy $15.950 long
2021-10-13 11:43:22 JSPR buy $15.980 long
2021-10-13 11:43:22 JSPR buy $15.990 long
2021-10-13 11:43:22 JSPR buy $15.990 long
2021-10-13 11:43:22 JSPR buy $16.000 long
2021-10-13 11:43:22 JSPR buy $16.000 long
2021-10-13 12:00:09 JSPR sell $16.550 long
2021-10-13 12:00:09 JSPR sell $16.550 long
2021-10-13 12:02:22 JSPR sell $17.580 long
2021-10-13 12:02:53 JSPR sell $17.990 long
2021-10-13 12:03:07 JSPR sell $17.660 0


Comments

Gravatar ImTradingRick
2021-10-14 02:54:18
 

Good Analysis, its always good to realize even if its a win that you made some mistakes. Bravo

2021-10-14 17:55:19
 

@ImTradingRick - Thanks for the note! Agree 100%. Keep well.

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