FB Trade on Nov 20, 2018 10:22 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

Trade#2 for another early Entry at previous days close

Bad Entry. FB was strong and ran trhough 131.50, but I had placed a limit order that got filled. $FB consolidated above it, finding support at my entry. When it looked like it would sell off in a fake breakdown, I added another partial. It ran up. 

On the reject of 133 I added more, but FB found a bid again and made another stronger move up. Instead of waiting I added more at 133.30 to watch it test 134 and an average of 132.48 on 140 shares. 

$FB rejected 134 and pulled to find support at 132.50 where I took off half for a tiny loss and watched it make another leg up.

On the retest and when it looked weak, I added back at 133.50, but it was another fake move for a retest of 134 that I, again, did not use for an Entry. It was tested TWICE before FB eventually sold off on volume. My average now 132.85.

I started to take off more into 133 for another small loss, that was not necessary. On the rest i was faked out when it looked like it found support. What was left of my position was too small to make an impact and I wanted to see a selloff like in AAPL. At least into VWAP at 131. 

Took off the trade at break-even. Bad performance, Markus. Focus on less stocks and trade these well!


Execution detail:

Date/time Symbol Side Price Position
2018-11-20 10:22:00 FB sell $131.501 short
2018-11-20 10:32:00 FB sell $132.240 short
2018-11-20 10:39:00 FB sell $132.850 short
2018-11-20 10:41:00 FB sell $133.320 short
2018-11-20 10:48:00 FB buy $132.610 short
2018-11-20 10:57:00 FB sell $133.580 short
2018-11-20 11:15:00 FB buy $133.040 short
2018-11-20 11:17:00 FB buy $132.389 short
2018-11-20 11:23:00 FB buy $132.580 short
2018-11-20 11:37:00 FB buy $132.850 0


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