TSLA Trade on Oct 9, 2018 10:01 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

The first intiation reason here was the low of a decision-candle that turned out to be a fake. TSLA spiked just lower and moved higher even though it could have been the backside trade of the previous high. I stuck with it and that was ok.

When there were Big Orders sitting at 261 I added a limit and was filled. TSLA rejected and moved lower immediately, just to retest it. I was still calm and not worried as my position was really tiny.

REally missed my fill at VWAP. I was not filled. TSLA spiked just lower and even though I tried to increase my limit order cent by cent, I was not filled.

Took my partial when we broke higher, but should have taken off the whole trade here!

We clearly made a lower high and the break out would have been a good place to go long! At first we tested VWAP found support here by the spike and then we made a higher low. Break of highs for entry long with stop below lower high!!!

As I was still in the trade, I started to add at the full dollars 262, then 263.50. eventually at 265. All good so far.

265 was respected and then TSLA made a lower high - BACKSIDE TRADE!!! 265 was rejected again and for a moment I had thought about adding at 265 but didnt. When we broke the low of the candle together with 264 full dollar, I added another partial to a total of 50 shares. I was a bit uncomfortable by then as my average was exactly at the 262.80 support.

TSLA tested it and found support again. I was a bit nervous about another move higher by then, but reliefed when TSLA respected the resistance at 264. It just tested that level and then sold off.

I held onto the trade and did not take off 50% at break even. Instead I used full dollars to cover profits. Good decision.

Even caught the low of 260 at VWAP and should have taken off the whole rest of it.

Stopped out of last piece break even.


Execution detail:

Date/time Symbol Side Price Position
2018-10-09 10:01:00 TSLA sell $258.776 short
2018-10-09 10:05:00 TSLA sell $260.870 short
2018-10-09 10:19:00 TSLA buy $259.139 short
2018-10-09 10:27:00 TSLA sell $261.940 short
2018-10-09 10:28:00 TSLA sell $263.520 short
2018-10-09 10:33:00 TSLA sell $264.900 short
2018-10-09 10:47:00 TSLA sell $263.730 short
2018-10-09 11:02:00 TSLA buy $262.050 short
2018-10-09 11:09:00 TSLA buy $261.100 short
2018-10-09 11:11:00 TSLA buy $260.010 short
2018-10-09 11:24:00 TSLA buy $262.770 0


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