Shared by
ricky_trades
definitely overtraded at this point
supply became demand and i didnt realize that at the 4475 level.
we consolidated and things took off.
short squeeze took place.
took some quick plays but not good at all.
spx trade 3
4/6/22
i got in for calls saw us holding the support of 4480 but things started to stall got out for a small loss
spx trade 4
saw things headed down figured this would be where bulls covered not just yet
indecisive. small green- tricky area. consolidating now a bit
spx trade 5
got in too late and bad risk/reward
the 4475 area is a bouncy area for support
the candles are showing weakness though
spx trade 6
needed to realize that this could form a inverse H
the trend overall was upwards not downwards.
got out for a small loss.
proud of myself for not holding too long and hoping for it to work out.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-04-07 13:31:10 | 8 APR 22 4550 CALL | buy | $1.800 | long |
| 2022-04-07 13:33:41 | 8 APR 22 4550 CALL | sell | $1.600 | 0 |
| 2022-04-07 13:34:22 | 8 APR 22 4400 PUT | buy | $1.850 | long |
| 2022-04-07 13:35:12 | 8 APR 22 4400 PUT | sell | $1.900 | 0 |
| 2022-04-07 13:40:05 | 8 APR 22 4400 PUT | buy | $2.050 | long |
| 2022-04-07 13:40:54 | 8 APR 22 4400 PUT | sell | $2.000 | 0 |
| 2022-04-07 13:42:52 | 8 APR 22 4400 PUT | buy | $2.150 | long |
| 2022-04-07 13:45:37 | 8 APR 22 4400 PUT | sell | $2.100 | 0 |
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