Shared by
dpaleo
Tags:
move to new lows failed with vwap remount. Good no chase - waited for some kinda setup like a failed roll or bull flag, the latter of which we got. Great entry. And great exit when new high failed
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2022-04-06 14:52:07 | SPY | 440 | $446.660 | 440 |
| 2022-04-06 15:02:11 | SPY | -4 | $448.455 | 436 |
| 2022-04-06 15:02:11 | SPY | -2 | $448.458 | 434 |
| 2022-04-06 15:02:11 | SPY | -94 | $448.450 | 340 |
| 2022-04-06 15:02:12 | SPY | -100 | $448.540 | 240 |
| 2022-04-06 15:02:15 | SPY | -40 | $448.600 | 200 |
| 2022-04-06 15:08:40 | SPY | 50 | $447.740 | 250 |
| 2022-04-06 15:10:34 | SPY | 50 | $448.040 | 300 |
| 2022-04-06 15:15:18 | SPY | 100 | $448.090 | 400 |
| 2022-04-06 15:16:14 | SPY | 40 | $448.030 | 440 |
| 2022-04-06 15:17:13 | SPY | -100 | $447.655 | 340 |
| 2022-04-06 15:17:13 | SPY | -340 | $447.650 | 0 |
Comments
dpaleo
Hey bud, thats exactly right. 15mins off open is my de facto open. I used to trade first 15mins a ton but the Tradervue stats confirmed what I knew to be the case - I was unprofitable. I find there to be so much whip back and forth as bulls and bears battle for control. I was getting chopped chasing a bunch. Now, when I do put a trade on off open its either a daily chart thats putting in a climax or capitulation gap in, which dont see often, or there is a HUGE spike or dump that provides significant edge for some quick reversion.
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whats up dpaleo. Solid trading as always. I noticed you dont post many trades right at the open. Do you typically like to wait out the first 15 min for things to settle in before you put a trade on? Talk to you soon.