LCID Trade on May 19, 2022 11:56 from dpaleo: Tradervue User Stock Trades.

Shared by
dpaleo

Shares traded: 8000
Closed Gross P&L: $715.26

Tags:

Was there edge? No, not on initial entries - more of a grind vs extension and no volume build to signal climax. 12:15 candle signaled some edge with decent reversal candle plus volume.
Did I have a (proper) stop? After the 12:15 candle yea, new HoD
Should I have lightened up (time stop) if not working?
Sizing too big? Small?
Why didnt trade work (something foreshadowing)?
Should I have re-entered after stop out?
What could I have done better? Patience
Would I make this trade again? Not the initial forced entries.

good outcome, bad process

Execution detail:

Date/time	Symbol	Qty	Price	Position
2022-05-19 11:56:50	LCID	-1000	$19.590	-1000
2022-05-19 11:58:09	LCID	-500	$19.670	-1500
2022-05-19 12:05:40	LCID	-85	$19.705	-1585
2022-05-19 12:05:40	LCID	-415	$19.700	-2000
2022-05-19 12:22:40	LCID	-500	$19.620	-2500
2022-05-19 12:36:22	LCID	-1500	$19.420	-4000
2022-05-19 12:41:47	LCID	100	$19.220	-3900
2022-05-19 13:48:54	LCID	533	$19.180	-3367
2022-05-19 13:48:58	LCID	367	$19.175	-3000
2022-05-19 13:59:29	LCID	2600	$19.440	-400
2022-05-19 14:00:35	LCID	400	$19.435	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=LCID&trade=43111823&end=20220519160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=LCID&trade=43111823&end=20220519140035&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=LCID&trade=43111823&end=20220618&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=rsi(14)&study2=atr(14)');}

Comments

tradejetx

2022-05-20 21:28:20

I like the systematic review process. I have something similar myself.

dpaleo

2022-05-23 12:43:01

NIce! Recently felt like i was taking more trades with less edge so wanted to change something to get me back to emphasizing edge setups only

tradejetx

2022-05-25 12:08:48

You could also add a rating system, with a score for each section, and a total for the trade. It provides an objective way to score the trade, and then see at a glance the results for different ratings, if you add the number as a tag for each trade. In the future you can see the pnl and win percentage for 90 score trades vs 70 score trades for example, and it helps to avoid trades with less than ... 75 for example.

LCID Trade on May 19, 2022 11:56 from dpaleo: Tradervue User Stock Trades.

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