DRYS Trade on Feb 7, 2018 09:58 from alext341: Tradervue User Stock Trades.

Gravatar

Shared by
alext341

 

You got back into DRYS for a 1-minute sideways consolidation breakout to test high of day, but the stock felt very heavy with selling on the Level II.

You knew at the time that if a stock does not move immediately within 1 minute upon entry, you tend to lose money, so you stopped out. The stock ended up dropping.

Closed the trade for a $12.65 loss, last trade of the day.

My plan post-market was to see how the SPY traded. I wanted to see it trade near the previous day's high in pre-market. In my notes, at around 1:35 PM EST, the SPY daily candle showed a test of the 50 ema and is a small, green inverted topping tail. I wanted to see it break above that moving average or else I would have thought about trading the TVIX again otherwise.


Execution detail:

Date/time Symbol Side Price Position
2018-02-07 09:58:42 DRYS buy $3.640 long
2018-02-07 09:59:31 DRYS sell $3.650 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!

View plans, Sign up for free, or Log in