Shared by
boldandnuts
I had no reason to enter here. AAPL often tests and breaks VWAP to find support below and break back above for a longer run. I anticipated that but entered badly. I had just taken off my prior trade and kind of irratically took a starter for .50 break. clearly too soon.
There was no support and this was a clear signal to get SHORT!!!
I don't know what I was thinking. This was a VWAP Play. To stick with it is just wrong as your average from the start is too close to VWAP. Not easy to get out if the stock starts trending in the wrong direction.
Next I was impatient on my entries. I did not wait for the stock get to its support pivot area for adds at the full/half dollar. Bad average as result.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2018-12-31 09:49:00 | AAPL | buy | $158.480 | long |
| 2018-12-31 09:54:00 | AAPL | buy | $157.820 | long |
| 2018-12-31 10:02:00 | AAPL | sell | $158.150 | long |
| 2018-12-31 10:13:00 | AAPL | buy | $157.260 | long |
| 2018-12-31 11:03:00 | AAPL | sell | $157.130 | long |
| 2018-12-31 11:05:00 | AAPL | sell | $157.331 | long |
| 2018-12-31 11:09:00 | AAPL | sell | $157.480 | long |
| 2018-12-31 11:18:00 | AAPL | sell | $157.330 | 0 |
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