Shared by
walden
Trade the reversal on NVDA. Picked NVDA as the stock was strong over the past 1-2 weeks. Stock opened to 201 then corrected all the way to below 195. Buy on low and sell on rebound.
What I did Right: Buy in 3 tranches. Use ATR to estimate the bottom.
What I did Wrong: First entry 194.75 still a bit high.
Where I could improve: The second tranch exit at 194.66 was bad as the pullback was hard. I was nervous and closed out some more position on pullback. The stock rebounded immediately after the sale.
Trade grade: C
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-01-30 12:39:07 | NVDA | buy | $194.750 | long |
| 2023-01-30 12:46:52 | NVDA | buy | $194.380 | long |
| 2023-01-30 12:50:21 | NVDA | buy | $194.060 | long |
| 2023-01-30 13:05:38 | NVDA | sell | $194.991 | long |
| 2023-01-30 13:13:39 | NVDA | sell | $194.660 | long |
| 2023-01-30 13:16:34 | NVDA | sell | $195.220 | long |
| 2023-01-30 13:19:20 | NVDA | sell | $195.320 | 0 |
| 2023-01-30 13:42:03 | NVDA | buy | $194.380 | long |
| 2023-01-30 13:46:31 | NVDA | buy | $194.020 | long |
| 2023-01-30 14:04:08 | NVDA | sell | $194.340 | long |
| 2023-01-30 14:06:39 | NVDA | sell | $194.540 | long |
| 2023-01-30 14:59:31 | NVDA | sell | $194.240 | 0 |
| 2023-01-30 15:23:12 | NVDA | buy | $192.530 | long |
| 2023-01-30 15:37:46 | NVDA | sell | $192.780 | long |
| 2023-01-30 15:40:29 | NVDA | sell | $192.870 | 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!