QQQ Trade on May 6, 2022 10:41 from spyrosz: Tradervue User Stock Trades.

Gravatar

Shared by
spyrosz

 

I was coming into the day with bullish bias for the QQQs, thinking
a) if it opens $314-315, I will try to buy the opening flush to daily support=$310, risking $308s
b) if it breaks below $310 in the morning but quickly re-captures the level, I will buy vs LOD

As it turned out, a) was out-of-the-question, as Qs opened right in-front of $310 and sold-off lower instantly. However, put a bottom at $305s, reversed and reclaimed $310 opting for scenario b).

Got long Tier 0 as the pullback to support $310 and VWAP got bought, and a higher low was established, risking the higher low=$308, expecting to go green.

Sold into yesterday's close=$313s, sold more higher $315s.

Reloaded some size in-front of $310s which was holding, tightening stop for whole size below $309s, thinking they will squeeze it into the close, but that would have happenned 100% last year, not in 2022.
Noone wants to take risk over the weekend.

Lost $310s and I got flat for a decent winner. I can still day-trade:)
image


Execution detail:

Date/time Symbol Side Price Position
2022-05-06 10:41:02 QQQ buy $309.960 long
2022-05-06 10:45:22 QQQ buy $310.260 long
2022-05-06 10:54:57 QQQ sell $312.880 long
2022-05-06 11:03:18 QQQ sell $311.690 long
2022-05-06 11:03:18 QQQ sell $311.690 long
2022-05-06 11:22:33 QQQ sell $314.880 long
2022-05-06 12:07:41 QQQ sell $312.920 long
2022-05-06 12:19:13 QQQ buy $310.690 long
2022-05-06 12:48:42 QQQ buy $312.320 long
2022-05-06 12:50:14 QQQ sell $311.320 long
2022-05-06 12:50:43 QQQ sell $311.410 long
2022-05-06 12:50:43 QQQ sell $311.410 long
2022-05-06 13:00:34 QQQ sell $313.060 long
2022-05-06 13:05:57 QQQ sell $312.650 long
2022-05-06 13:13:27 QQQ sell $312.250 long
2022-05-06 13:53:21 QQQ sell $309.320 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in