PYPL Trade on Nov 17, 2021 11:16 from Kinglyfestyle919: Tradervue User Stock Trades.

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Kinglyfestyle919

 

I was looking for PYPL Long this morning hoping for a huge gap fill. PYPL got some negative news this morning. PYPL moved straight down for a couple of hours. I realized that PYPL may be quickly moving from gapfill mode to continuing its previous down trend. I took a short at a 2 minute pivot point. The 5 minute bears were playing defense. I took my second entry as the price moved into resistance.

I unloaded quickly, because the price was falling so slowly this made me think that I could get caught in a quick move up.

Pros:
1. Great job being mentally flexible.
2. Getting into stocks that have a reason to move nice job!
3. Sold half for profits to protect capital.

Grows:
1. You had already sold 3 of your contracts for a small profit and the 4th was at 20% profit. You knew what defense the MM Bears were playing, you could have ran this trade a lot furhter.


Execution detail:

Date/time Symbol Side Price Position
2021-11-17 11:16:55 19 NOV 21 202.5 PUT buy $1.030 long
2021-11-17 11:34:11 19 NOV 21 202.5 PUT buy $1.000 long
2021-11-17 11:48:14 19 NOV 21 202.5 PUT sell $1.080 long
2021-11-17 11:49:01 19 NOV 21 202.5 PUT sell $1.080 long
2021-11-17 12:05:05 19 NOV 21 202.5 PUT sell $1.200 0


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