Big earnings day, TSLA was a PR Earnings breakdown. A little messy, but I shorted as it started going red at the ~228-229 resistance level. My second best trade (in terms of P&L) this week. It was a really anticipatory trade, but worked very nicely. I should have held at least 10 shares as a lotto but got really excited in the heat of the moment. One of my initial cover targets should have been the previous day's close, but I didn't even make it there.
I took several small reshorts/ gambles which I'm really not proud of. I was only 3 bucks away from my $100 at this point, so I wanted to get the incentive. Needless to say I began to give back profits at that point. Eventually I got it once I waited and shorted the pop/ bear flag for a nice rip.
*R/G and G/R moves are really opening plays, but sometimes like this I really regret not holding a small lotto. But other times if its dicey or my entry is off I might get out flat. I think the fear of losing unrealized P&L is actually a pretty big deal to me psychologically.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-05-05 09:30:33 | TSLA | sell | $227.190 | short |
2016-05-05 09:31:09 | TSLA | buy | $226.360 | short |
2016-05-05 09:31:35 | TSLA | buy | $224.700 | short |
2016-05-05 09:34:47 | TSLA | buy | $223.800 | short |
2016-05-05 09:36:39 | TSLA | buy | $224.420 | 0 |
2016-05-05 09:38:41 | TSLA | sell | $222.610 | short |
2016-05-05 09:38:50 | TSLA | buy | $223.340 | 0 |
2016-05-05 09:40:08 | TSLA | sell | $222.500 | short |
2016-05-05 09:40:33 | TSLA | buy | $221.280 | short |
2016-05-05 09:41:34 | TSLA | buy | $220.780 | 0 |
2016-05-05 09:43:11 | TSLA | sell | $218.310 | short |
2016-05-05 09:43:43 | TSLA | buy | $218.783 | 0 |
2016-05-05 09:44:46 | TSLA | sell | $218.540 | short |
2016-05-05 09:45:25 | TSLA | buy | $219.390 | 0 |
2016-05-05 09:52:21 | TSLA | sell | $220.870 | short |
2016-05-05 10:08:14 | TSLA | buy | $218.350 | short |
2016-05-05 10:14:36 | TSLA | buy | $217.100 | 0 |
2016-05-05 10:14:55 | TSLA | buy | $217.630 | long |
2016-05-05 10:15:10 | TSLA | buy | $217.690 | long |
2016-05-05 10:15:18 | TSLA | sell | $217.630 | 0 |
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