Shared by
tsun
I was looking for a r/g move using 82.5 to 83 as entry then long into 85 or 86.
The plan was on point but my execution was bad.
I entered small into 82s and sold partial into 83. I should have held it and sold it toward the top of the range around 84.5 instead of adding at that point, since I was adding high. Instead I sold what I bought at 84.5 at the next low under 84, which would be the ideal add spot since it hasn’t violated my entry at 82.5..
I added more once I saw 84s hold and added more anticipating break of 85, but cut my position for a small loss before the 11am meeting
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-01-29 09:30:58 | UA | buy | $82.320 | long |
| 2016-01-29 09:32:53 | UA | sell | $82.960 | long |
| 2016-01-29 09:40:38 | UA | buy | $83.900 | long |
| 2016-01-29 09:52:59 | UA | buy | $84.500 | long |
| 2016-01-29 09:59:51 | UA | buy | $84.340 | long |
| 2016-01-29 10:01:20 | UA | sell | $83.760 | long |
| 2016-01-29 10:02:05 | UA | sell | $83.630 | 0 |
| 2016-01-29 10:12:57 | UA | buy | $84.220 | long |
| 2016-01-29 10:23:09 | UA | buy | $84.750 | long |
| 2016-01-29 10:35:18 | UA | buy | $84.850 | long |
| 2016-01-29 10:52:45 | UA | sell | $84.740 | 0 |
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