AMZN Trade on Jun 30, 2023 10:36 from Dandres: Tradervue User Stock Trades.

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Dandres

 

Trade 3: Was watching this area for the break of the consolidation range at 130.90. First entry on anticipation of the break second entry at the break. Reduced my share size on what appeared to be another consolidation right beneath this level. Took another short the minute after on price action moving back to the downside. Second entry on the break of the second consolidation range. The price action started to come down but then there was a strong 1 minute curl up that broke to the upside and that was enough to want to stop out to prevent any loss. Price action broke downward to where I thought it would break down to.

Reflection
- Followed my rules but I think the difference between this and a faster moving stock is the volume. I need to be very particular about these trades and watch the volume strongly!
- Decent risk management all throughout.


Execution detail:

Date/time Symbol Side Price Position
2023-06-30 10:36:35 AMZN sell $130.940 short
2023-06-30 10:37:08 AMZN sell $130.810 short
2023-06-30 10:42:37 AMZN buy $130.830 short
2023-06-30 10:43:15 AMZN sell $130.810 short
2023-06-30 10:43:41 AMZN sell $130.690 short
2023-06-30 10:46:20 AMZN buy $130.760 short
2023-06-30 10:46:54 AMZN buy $130.760 0


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