Shared by
Dandres
Trade 1: VWAP (Loss)
Trade 2: VWAP (Win)
Trade 3: Reversal (Win) I am not the best at timing the reversal trades and so I took my plan B position entries to be safe. It worked out to a certain extent. There was a extended period of consolidation and should have been a solid indicator that the price action wasn't going to keep breaking higher high/lows at which point I should have gotten out and waited on the sidelines.
Reflection
- Nice reversal trade and caution with taking your plan b entries due to your history of not being the best with reversals.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-05-19 10:16:03 | AMZN | buy | $117.100 | long |
| 2023-05-19 10:18:48 | AMZN | buy | $117.090 | long |
| 2023-05-19 10:24:46 | AMZN | sell | $117.360 | long |
| 2023-05-19 10:26:53 | AMZN | sell | $117.350 | long |
| 2023-05-19 10:29:01 | AMZN | sell | $117.180 | 0 |
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