NFLX Trade on Nov 13, 2018 11:02 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

Trade#3 being too early

When $NFLX reached its previous resistance at 299 I opened a starter a little too early. But there was some resistance. $NFLX broke out abit more and I planned to add 301, but 300.50 for an average of 299.75 it was.

Unfortunately my 1st target of 299 was not hit. Or I was not filled. At that time I had 4 open positions. Way too many in hindsight. $NFLX looked stronger but I did not want to miss the move down. Hence I was too gready and stuck with the whole position.

$NFLX made another leg up and I had 303 in mind to add. This would have led to a nice average price in case I added more size or did get a fill at my previous target. Now I was stuck with an average of 300.82. Right at some sort of support/resistance. 

Things went south from here. ERRATICALLY I took off the trade around my break-even. really bad trading, markus. I did not even bother too keep a partial of like 15 shares on to let it play out or make a retest of 303s to add back. No, I took off all! There was no retest of highs, but a nice selloff... 


Execution detail:

Date/time Symbol Side Price Position
2018-11-13 11:02:00 NFLX sell $299.000 short
2018-11-13 11:05:00 NFLX sell $300.500 short
2018-11-13 11:19:00 NFLX sell $302.970 short
2018-11-13 11:22:00 NFLX buy $301.180 short
2018-11-13 11:22:00 NFLX buy $300.800 short
2018-11-13 11:23:00 NFLX buy $300.010 short
2018-11-13 11:24:00 NFLX buy $300.770 0


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