Shared by
SchubyTrades
TRADE/SETUP/BIG PICTURE
gap up stock with good volume, with cpi data.
ENTRY/SIZING
good frontside entries but bad cover at vwap. only covered 1/5 , got a good bunch of the meat of the move but scaled out very small at vwap , stock then perked and made new highs, entered again after blow off , super entry and covered when price action suggested so, didnt trust it to cross vwap so covered everything with small gain
EXIT
RISK MANAGEMENT
PROCESS EXECUTION
SHOULD HAVE COVERED MORE THE FIRST SCALP. ONLY COVERS 1/5. MARKET WAS STRONG SO IT WAS LIKELY TO HOLD VWAP. HOLDING 4/5 AT VWAP WAS THE MISTAKE HERE.
TAGS : EDGE/SETUP/ENTRY/SIZING/EXIT/RISK MANAGEMENT/RIGHT-WRONG/PROCESS RESPECT/GRADE
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-11-10 10:11:17 | CVNA | sell | $9.540 | short |
| 2022-11-10 10:26:00 | CVNA | buy | $9.780 | 0 |
| 2022-11-10 10:28:47 | CVNA | sell | $9.760 | short |
| 2022-11-10 10:32:18 | CVNA | sell | $9.460 | short |
| 2022-11-10 10:36:57 | CVNA | sell | $9.250 | short |
| 2022-11-10 10:38:11 | CVNA | buy | $9.160 | short |
| 2022-11-10 10:47:16 | CVNA | sell | $9.390 | short |
| 2022-11-10 11:18:24 | CVNA | buy | $9.650 | 0 |
| 2022-11-10 11:26:52 | CVNA | sell | $9.670 | short |
| 2022-11-10 11:34:21 | CVNA | sell | $9.750 | short |
| 2022-11-10 11:44:52 | CVNA | buy | $9.840 | 0 |
| 2022-11-10 11:59:26 | CVNA | sell | $10.190 | short |
| 2022-11-10 12:29:26 | CVNA | sell | $9.670 | short |
| 2022-11-10 12:37:09 | CVNA | sell | $9.520 | short |
| 2022-11-10 12:42:54 | CVNA | buy | $9.620 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!