Shared by
metp2202
Tags:
Raw momentum
Second attempt, I sized in pretty well on this trade when we finally broke 1.6 but there was no follow through under 1.55 unfortunately. It was highly correlated to SPY which is weird IMO since it never really followed big index in prior sessions. There was also the presentation catalyst afterhours that could have played a role. I did a good job at cutting my loss here when it clearly rejected red.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2022-03-16 14:00:13 | MULN | -95 | $1.630 | -95 |
| 2022-03-16 14:00:13 | MULN | -10 | $1.630 | -105 |
| 2022-03-16 14:00:22 | MULN | -5000 | $1.620 | -5105 |
| 2022-03-16 14:00:22 | MULN | -5000 | $1.620 | -10105 |
| 2022-03-16 14:00:23 | MULN | -5000 | $1.620 | -15105 |
| 2022-03-16 14:00:25 | MULN | -5000 | $1.620 | -20105 |
| 2022-03-16 14:00:30 | MULN | -3400 | $1.620 | -23505 |
| 2022-03-16 14:00:30 | MULN | -1600 | $1.620 | -25105 |
| 2022-03-16 14:01:09 | MULN | -4000 | $1.610 | -29105 |
| 2022-03-16 14:02:53 | MULN | -5000 | $1.610 | -34105 |
| 2022-03-16 14:02:57 | MULN | -5000 | $1.610 | -39105 |
| 2022-03-16 14:05:48 | MULN | -5000 | $1.570 | -44105 |
| 2022-03-16 14:12:03 | MULN | -5000 | $1.570 | -49105 |
| 2022-03-16 14:14:54 | MULN | -5000 | $1.570 | -54105 |
| 2022-03-16 14:14:56 | MULN | -5000 | $1.560 | -59105 |
| 2022-03-16 14:20:17 | MULN | 5000 | $1.599 | -54105 |
| 2022-03-16 14:20:36 | MULN | 2204 | $1.600 | -51901 |
| 2022-03-16 14:20:36 | MULN | 12000 | $1.600 | -39901 |
| 2022-03-16 14:20:36 | MULN | 274 | $1.600 | -39627 |
| 2022-03-16 14:20:36 | MULN | 200 | $1.600 | -39427 |
| 2022-03-16 14:20:36 | MULN | 100 | $1.600 | -39327 |
| 2022-03-16 14:20:36 | MULN | 1000 | $1.600 | -38327 |
| 2022-03-16 14:20:36 | MULN | 3600 | $1.600 | -34727 |
| 2022-03-16 14:20:37 | MULN | 72 | $1.600 | -34655 |
| 2022-03-16 14:20:37 | MULN | 34655 | $1.610 | 0 |
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