$SPX Trade on Jun 27, 2022 09:31 from christinaho: Tradervue User Stock Trades.

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christinaho

 

Obviously this was not a good day. It all started with this morning, I saw the overall pre-market had not moved much, it was slightly green, but not much at all. SPY was up about 0.07% or so. I was leaning towards calls because of this, and because last week was strong. At the open I saw that the first 2 min candle was green and holding above VWAP. I made the decision to enter an SPX call after a slight pullback. The pullback came, but that same green candle turned red, and continued to dump below the VWAP. I ended up selling at around a $600 loss. I did not step away after this, and quickly looked to find an entry to get into a put contract. After the next "pump" or green candle, I set a limit order to buy at 12.00 for an SPX put contract. SPX continued to dump, and I sold for a profit of $500 because it looked like it the stock was wicking a little bit and not moving straight down. I was now at -$100 for the day. In my mind, I was very happy and this was a good trade. However, I think I was looking back to last Tuesday when I had started off with a loss and ended the day green. I wanted to make back this $100 and end the day green. The third trade I took was another put but it was very rushed. I entered at the next green push up, but SPX was now reversing a little bit. Some data came out, and there was a huge green candle that got above VWAP. I quickly tried to sell out at the price it was at, but it kept pushing up. I lost a little more money because of the strong move up, but I did sell out. I was now down about $700 at this point. I was very frustrated. I did not even think about stepping away, and started to look for ANOTHER entry. I was convinced SPX would pump now that it was above VWAP. After that green candle, I bought in on a SPX call contract at 12.00 when I saw a slight red candle. SPX continued to dump, and I was down even more. I panic sold this contract at about a $400 loss because it was chopping and struggling to get under the VWAP. The stock finally made a move up in my favor AFTER I sold out. I was even more frustrated at the point. Again, I did not think about walking away, and looked to enter again. I was looking for a "big" move to make back my big loss. I bought an SPX as it strongly came up to a level. I was down from the start, then got in to about $200 profit, but I did not sell. I knew in the back of my mind that my emotions were affecting my trading, but I continued to trade. I sold out for a loss. Then entered a call, now I was convinced SPX would keep moving up and break then open price. This of course, never happened and I lost on this last contract after the price broke under VWAP. I have lost everything I made the past 2 weeks. I broke my rules. (See physical journal)


Execution detail:

Date/time Symbol Side Price Position
2022-06-27 09:31:24 27 JUN 22 3940 CALL buy $12.000 long
2022-06-27 09:38:27 27 JUN 22 3940 CALL sell $6.000 0
2022-06-27 09:39:51 27 JUN 22 3895 PUT buy $12.000 long
2022-06-27 09:45:06 27 JUN 22 3895 PUT sell $17.000 0
2022-06-27 09:50:36 27 JUN 22 3880 PUT buy $11.900 long
2022-06-27 10:04:04 27 JUN 22 3880 PUT sell $5.800 0
2022-06-27 10:05:18 27 JUN 22 3920 CALL buy $12.000 long
2022-06-27 10:41:10 27 JUN 22 3920 CALL sell $8.100 0
2022-06-27 10:50:43 27 JUN 22 3910 PUT buy $11.500 long
2022-06-27 11:38:02 27 JUN 22 3910 PUT sell $9.000 0
2022-06-27 11:47:51 27 JUN 22 3935 CALL buy $6.500 long
2022-06-27 12:26:40 27 JUN 22 3935 CALL sell $2.200 0

Displaying SPY as a proxy symbol.


Comments

2022-06-27 21:38:37
 

Great accountability

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