NFLX Trade on Nov 21, 2018 10:09 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

Good Trade in $NFLX after early Entry

My levels for support in $NFLX were 266 257.50 and 250. Not much inbetween to be honest.

When NFLX dropped into and below 266 after a 5 point move I opened a starter. It was still weak and I should have waited for a more clear signal and eyed at 263 to add more. 

NFLX found a bottom at 263.50 and my first target was 267 at the previous days close. 

On the first attempt NFLX found support at my entry of 266 and formed a decision-candle. I stuck with it, but that kept me from adding what happened to be a backside-trade and retest of 264 before the move to VWAP. 

Hence I stuck with it and stuck to my first target, but took the 2nd partial way too early and was faked out. 

for the final piece I was more patient, but did not wait for my final target at 270. 

Much, much room for improvement. Especially my initial Entries have to improve. Written down and using the Thanksgiving Weekend for measures.


Execution detail:

Date/time Symbol Side Price Position
2018-11-21 10:09:00 NFLX buy $265.898 long
2018-11-21 10:22:00 NFLX sell $266.900 long
2018-11-21 10:24:00 NFLX sell $267.480 long
2018-11-21 10:26:00 NFLX sell $269.062 0


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