SPY Trade on Jul 1, 2022 10:12 from Mprofit: Tradervue User Stock Trades.

Thesis
Let The SPY choose a direction and take the LOD/HOD brake trade on stocks following the SPY. Ride the trade until the first sing of trouble then cover.

The SPY broke low of day. I chopped out of this trade too soon on a 2 min pull back

Lesson
Stay with the trend until there is a valid reason to cover
Covered too soon

Execution detail:

Date/time	Symbol	Side	Price	Position
2022-07-01 10:12:14	JUL01 22 377 PUT	buy	$2.150	long
2022-07-01 10:13:23	JUL01 22 377 PUT	sell	$2.190	0
2022-07-01 10:17:56	JUL01 22 377 PUT	buy	$2.540	long
2022-07-01 10:18:09	JUL01 22 377 PUT	sell	$2.660	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SPY&trade=44221096&end=20220701111609&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SPY&trade=44221096&end=20220701124809&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SPY&trade=44221096&end=20221128&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=SPY&trade=44221096&end=20220731&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

SPY Trade on Jul 1, 2022 10:12 from Mprofit: Tradervue User Stock Trades.

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