SPY Trade on Jun 7, 2016 09:31 from MAllum_BOWS: Tradervue User Stock Trades.

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MAllum_BOWS

 

Bought low on my entry of SPY and sold my full position at the box high from the previous day. Did not use risk-adjusted sizing. Good R:R to previous day's high, but it went even further than the existing box high. I think I have to also consider the average range the stock has moved over the last 3 to 5 days and if it opens at the top of the previous box range, I can use the average daily range to help estimate a target.
Since I made a profit I increased my share size for my next entry. Got stopped out as SPY spiked in the opposite direction. Could have got back in but that would have felt like revenge trading and taken to much mental capital.


Execution detail:

Date/time Symbol Side Price Position
2016-06-07 09:31:35 SPY buy $211.570 long
2016-06-07 09:36:33 SPY sell $211.710 0
2016-06-07 09:45:49 SPY buy $211.800 long
2016-06-07 09:48:00 SPY sell $211.600 0


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