KMX Trade on Jan 17, 2023 10:05 from dpaleo: Tradervue User Stock Trades.

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Shared by
dpaleo

 

Shares traded: 600
Closed Gross P&L: $296.00

Tags:

Fade

absolutely a setup with edge. In fact, A+ setup given the extension (multiple 5min candles increasing in size) and volume profile. Red flags that made patience warranted: 1. gapped down and went r/g before parabolic move 2. 13% short interest (7 DTC)

Thot I nailed the front side entries into $70 with stellar 1min inverse hammer reversal bar. Proper small add on close of that 1min. But given how good that signal was, I should have placed a partial stop at new high. I didnt bc I thot there was a chance they would run stops then dump it. But so what? Better to get stopped partially and add back more if get confirmation it was just a stop run vs it having more juice and potentially being forced out at or near highs and missing the A+ fade. Partial stop prevents being forced out at high but also allows for being more aggressive on backside.


Execution detail:

Date/time Symbol Qty Price Position
2023-01-17 10:05:10 KMX -100 $69.460 -100
2023-01-17 10:05:28 KMX -100 $69.850 -200
2023-01-17 10:06:17 KMX -50 $69.020 -250
2023-01-17 10:11:32 KMX -50 $69.560 -300
2023-01-17 10:13:55 KMX 50 $69.050 -250
2023-01-17 10:15:14 KMX 50 $68.700 -200
2023-01-17 10:15:20 KMX 100 $68.570 -100
2023-01-17 10:16:32 KMX 50 $68.300 -50
2023-01-17 10:17:12 KMX 25 $68.050 -25
2023-01-17 10:25:52 KMX 25 $68.130 0


Comments

Gravatar primatepicasso
2023-01-17 15:30:52
 

nice work man

2023-01-17 15:45:36
 

thx primate

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