Shared by
Kinglyfestyle919
Broader Markets were very strong and I was trying to short PINS which caused me more headache than I needed.
PINS Bears defending the 5 minute T Line.
Stock was trending down on the intraday time frames and interday time frames.
Took a feeler entry on the 2 min chart. Trade turned out to be profitable, but as usual I got out to early.
Pros:
1. Trading a stock with a larger trend.
2. You had a reason to be in this trade.
3. Sold half to ensure that you put yourself into a breakeven situation.
Grows:
1. You were already up on this trade. Can you hold that last 25% and squeeze some more profits?
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-11-22 10:19:01 | 26 NOV 21 42 PUT | buy | $0.4500 | long |
| 2021-11-22 10:21:05 | 26 NOV 21 42 PUT | buy | $0.4000 | long |
| 2021-11-22 10:21:05 | 26 NOV 21 42 PUT | buy | $0.4000 | long |
| 2021-11-22 10:33:30 | 26 NOV 21 42 PUT | sell | $0.4700 | long |
| 2021-11-22 10:41:24 | 26 NOV 21 42 PUT | sell | $0.5500 | long |
| 2021-11-22 10:55:41 | 26 NOV 21 42 PUT | sell | $0.5000 | 0 |
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