Grade=D
P/L: -0.15R
Entry: short the bounce
I was bearish on this one because it was hanging under the VWAP for a length of time and to my eyes looked like it could make a significant move back down below 74.50. I can see that I could have taken my 0.6R gain and gotten out a couple of times. 0.6R isn't a bad gain, so depending on the play at hand, I should not be too shy about scooping up a small profit and ensuring no losses (including fees) on the trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-10-20 10:29:38 | YUM | sell | $74.570 | short |
2015-10-20 10:46:42 | YUM | buy | $74.620 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!