What type of trade play was this?
ORB
Why did you enter in the trade? What did you see?
* Initially I saw that NVDA was bouncing up hard above VWAP after it had been down over 50% since market highs.
* There was also a huge 3500 lot buy order in the darkpool at this time, which I didn't see
* I went long as soon as it offered a pullback in the 3rd minute
* It popped and I sold some, and then continued to sell
* Saw multiple opportunities to reload on the pullback
What was your Stop / Risk / Reward on this?
* Stop was below VWAP, target was $139 for a 5:1 R/R
How did you actively manage the trade?
* I sold on the way up, added more on pullbacks and continued to ride it up
How could you have made more / lost less on the trade?
* My sizing was way too small on the initial entry
* I should have been adding to the position at many points instead of selling
** It's just that Andrew's style is to add to sell it right away
* There were a few times where I was really unsure of my add so I sold a lot of it right away
* I eventually let 1 share run, tried to reload, and then got stopped out before another huge pop.
What were you particularly proud of or want to do more of in this trade?
* How I managed the trade in terms of reloading, especially reloading at VWAP.
** However, I only added 2 shares at VWAP... if I had gone full size each time, I would have made a ton more
* I tried pretty hard to be patient with the trade as well as it was moving in my favor.
Any rule violations?
* Not really
Entry Picture
Adding more at VWAP (small)
Exit/Full Picture
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-11-20 09:32:07 | NVDA | buy | $136.567 | long |
2018-11-20 09:32:14 | NVDA | buy | $136.980 | long |
2018-11-20 09:32:46 | NVDA | sell | $137.660 | long |
2018-11-20 09:32:48 | NVDA | sell | $137.530 | long |
2018-11-20 09:33:51 | NVDA | sell | $138.040 | long |
2018-11-20 09:35:07 | NVDA | buy | $139.150 | long |
2018-11-20 09:36:10 | NVDA | sell | $139.420 | long |
2018-11-20 09:36:17 | NVDA | sell | $139.170 | long |
2018-11-20 09:36:49 | NVDA | sell | $139.787 | long |
2018-11-20 09:37:01 | NVDA | sell | $140.499 | long |
2018-11-20 09:39:11 | NVDA | buy | $140.490 | long |
2018-11-20 09:39:13 | NVDA | buy | $140.620 | long |
2018-11-20 09:39:24 | NVDA | sell | $141.194 | long |
2018-11-20 09:39:28 | NVDA | sell | $141.280 | long |
2018-11-20 09:39:37 | NVDA | sell | $141.700 | long |
2018-11-20 09:41:45 | NVDA | sell | $141.800 | long |
2018-11-20 09:41:54 | NVDA | sell | $142.140 | long |
2018-11-20 09:42:28 | NVDA | sell | $142.514 | long |
2018-11-20 09:43:02 | NVDA | sell | $143.011 | long |
2018-11-20 09:45:52 | NVDA | buy | $142.570 | long |
2018-11-20 09:46:31 | NVDA | sell | $143.059 | long |
2018-11-20 09:47:59 | NVDA | sell | $141.620 | long |
2018-11-20 09:49:32 | NVDA | buy | $141.310 | long |
2018-11-20 09:50:40 | NVDA | sell | $140.010 | 0 |
2018-11-20 09:54:38 | NVDA | buy | $140.750 | long |
2018-11-20 09:56:33 | NVDA | buy | $139.181 | long |
2018-11-20 09:59:04 | NVDA | sell | $141.640 | long |
2018-11-20 10:00:29 | NVDA | sell | $142.219 | long |
2018-11-20 10:01:08 | NVDA | sell | $143.650 | long |
2018-11-20 10:01:50 | NVDA | sell | $144.100 | long |
2018-11-20 10:17:24 | NVDA | sell | $145.266 | long |
2018-11-20 10:40:25 | NVDA | buy | $151.170 | long |
2018-11-20 10:43:08 | NVDA | sell | $152.500 | long |
2018-11-20 10:45:46 | NVDA | buy | $150.800 | long |
2018-11-20 10:47:56 | NVDA | buy | $150.150 | long |
2018-11-20 10:48:31 | NVDA | sell | $149.550 | 0 |
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