Shared by
JimFrey
HD came out with great ER and guidance but gapped down at premarket and open. I missed the obvious 1st 2 entries @132.38-132.50. So I waited for for a retest of the VWAP but completely mismanaged the trade. Stopped out with a small loss. Later I saw a pivot at the 134 level and attempted another short stab. When it started to resolve I added to postion twice but miss calculated my stop and covered too early. Missing a nice move for about 1.5 points. Bad trading technique!!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-05-17 09:56:07 | HD | sell | $132.630 | short |
| 2016-05-17 09:57:05 | HD | sell | $132.930 | short |
| 2016-05-17 09:59:06 | HD | buy | $133.300 | 0 |
| 2016-05-17 10:14:12 | HD | sell | $133.900 | short |
| 2016-05-17 10:32:37 | HD | sell | $133.710 | short |
| 2016-05-17 10:42:22 | HD | sell | $133.230 | short |
| 2016-05-17 10:44:39 | HD | buy | $133.880 | 0 |
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