Entered the trade to play the VWAP bounce. It doesn't work and got out quickly. It brokes through VWAP and I got out quickly.
What I did Right: NIL.
What I did Wrong: VWAP bounce not very reliable.
Where I could improve: After breaking through VWAP, NVDA got a smooth move down. Maybe VWAP downward breakout is a much better trade.
Trade grade: Fail.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-07-12 09:43:30 | NVDA | buy | $153.540 | long |
2022-07-12 09:46:03 | NVDA | sell | $152.820 | 0 |
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