Shared by
walden
Trade the VWAP bounce. Initially worked for the first two bounce. The final 200 shares were stopped out as OXY broke through VWAP.
What I did Right: First entry and second entry was good.
What I did Wrong: Poor sizing. The second bounce I should trade less shares.
Where I could improve: Second bounce size. Tight stop.
Trade grade: D for the entry despite very small profit.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-06-30 13:44:43 | OXY | buy | $58.880 | long |
| 2022-06-30 13:51:15 | OXY | sell | $59.112 | long |
| 2022-06-30 13:56:08 | OXY | buy | $58.870 | long |
| 2022-06-30 13:57:18 | OXY | sell | $59.000 | long |
| 2022-06-30 14:04:13 | OXY | sell | $58.715 | 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!