UVXY Trade on Jan 21, 2016 11:12 from ToqueX: Tradervue User Stock Trades.

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ToqueX

Grade=D
P/L= -1.3R

Entry: bear flag. I was watching the spy and was looking for it to roll over.

Result: Stopped out. My entry looks bad. I was micromanaging the price action, but should have been paying closer attention to the levels and what constitutes a good entry level. If it was too late, so be it and look for the next setup.

Lesson: I should have noticed that the chop zone was between 49 and 51 and looked for a short entry high in that zone if that was my idea. Things would have looked a lot better about 20min later.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-01-21 11:12:13	UVXY	sell	$49.810	short
2016-01-21 11:20:50	UVXY	buy	$50.430	short
2016-01-21 11:22:04	UVXY	buy	$50.429	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=UVXY&trade=4147285&end=20160220&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=UVXY&trade=4147285&end=20160121160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=UVXY&trade=4147285&end=20160121134704&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=UVXY&trade=4147285&end=20160121114904&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

UVXY Trade on Jan 21, 2016 11:12 from ToqueX: Tradervue User Stock Trades.

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