NVDA Trade on Dec 17, 2018 10:07 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

Difficult trade. NVDA traded on rather low volume and I did not trade it well. My bias was short for continuation and here as well I took a starter at an intraday resistance level. Without paying much attention to the tape. Bad call.

I had 145.50 down as level and 148 above that as next. After I was already short 147.50 turned out to be significant as well and I used a confirmed signal to add a final piece.

My final average was just above 146 and the first selloff was a pullback just above my entry. I hesitated taking a partial loss as I often tend to take off the trade too early. Big mistake. NVDA made another leg up to test and reject 148 where I did not add as my position felt too big already for the bad average I had.

The SPY started to reverse and took NVDA with it. I was really lucky and took the trade off as it came my way. This time I took a small loss at the previous intraday level where it reversed the last time. Did not want to risk it. Took more off at break-even when NVDA bounced off back above 146.


Execution detail:

Date/time Symbol Side Price Position
2018-12-17 10:07:00 NVDA sell $144.290 short
2018-12-17 10:26:00 NVDA sell $146.400 short
2018-12-17 11:28:00 NVDA sell $147.530 short
2018-12-17 12:34:00 NVDA buy $146.230 short
2018-12-17 12:37:00 NVDA buy $146.068 short
2018-12-17 12:58:00 NVDA buy $145.616 short
2018-12-17 13:11:00 NVDA buy $145.420 0


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