Shared by
ekshelley
**Had a solid short on VXX at 38 resistance as the SPY was starting to rally off the 269 lows. I knew this trade had a good chance of working out because of the rally in the VXX in the morning and hard down move at 38.5. I unfortunately did not leave my core on when I covered at 37.65. I should have held 1 lot and added as VXX went down, but I predicted VXX was going back to 38 and covered. Not a good strategy, Reshorted at 37.65 and added at 37.5, covered as I saw weakness in SPY. All in all these trades were decent at best. Must have a better strategy of handling my position to make sure I execute.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2018-10-23 10:41:22 | VXX | sell | $38.200 | short |
| 2018-10-23 10:44:40 | VXX | sell | $38.000 | short |
| 2018-10-23 10:52:13 | VXX | buy | $37.650 | 0 |
| 2018-10-23 11:06:38 | VXX | sell | $37.650 | short |
| 2018-10-23 11:09:40 | VXX | sell | $37.500 | short |
| 2018-10-23 11:18:41 | VXX | buy | $37.370 | short |
| 2018-10-23 11:22:25 | VXX | buy | $37.200 | 0 |
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