SPXS Trade on Dec 20, 2018 15:28 from OGh: Tradervue User Stock Trades.

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OGh

 

Total: 97
Stock Information: this stock is an ETF that goes against the SPY 500 it's a stock that is shorting the market times 3x. Very volatile and moves a lot in a very short period.
Float 10.654M
Shares 10.654M
The reason that you are playing this stock is that right knows the market is turning from a bull market to a bear market and it's moving a lot. We are looking to capitalize on this movement based on the fact that the market has been dropping the last 5 days without any interruption and the stock is moving in a nice uptrend. We need to make a plan in order to capitalize more on the movement of the stock and to have what-if scenarios so we know what to expect.

The stock was very good and in play, because its the market, but the reason that we didn't make more money was that of our psychology, our trade management, and our lack of planning. We woke up late so we weren't playing the open when we traded the stock it was already set up for strength to the upside where we would have gotten crushed. Need to have better entries and a lot more conviction on the plays follow the market but also watch what it's doing so we can get a better feeling while also limiting or risk to the downside.

Pattern/Price 1-20:______16________
Risk/ Reward 1-20:________16_______
Ease of entry 1-10:________9_______
Past performance 1-10:______8_________
At what time of day 1-10:____8___________
Reason Catalyst 1-20:________18_______
Environment Market 1-10:_______9________

Routine:___4_____ out of 10
Entries:____6____ out of 10
Trade Management:____1____ out of 5
Following trade Plan:____1____ out of 5
Psychology:____1____ out of 10


Execution detail:

Date/time Symbol Side Price Position
2018-12-20 15:28:16 SPXS buy $32.918 long
2018-12-20 15:29:02 SPXS sell $32.970 0


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