NVDA Trade on Jan 24, 2019 12:34 from boldandnuts: Tradervue User Stock Trades.

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boldandnuts

 

What a beautiful entry towards the end of the session.

I kept watching NVDA and was glad I took the last trade off break-even. Left me with a clear and open mind.

Watched NVDA into the 158 Resistance but was patient and did not take a stab at it at the full dollar. Level broke and NVDA traded higher towards the next resistance and Pivot of 159.

At the half dollar NVDA started to stall. I watched it closely. NVDA eventually broke above the half dollar after hesitating and testing it for quite some time.

It did not make it much further and when the level broke again I took a starter. Just too little size. I had my stop above .60 for about a 10ct stop.

There was no clean decision-candle and I did not add, but wanted to do so on a potential backside trade.

NVDA sold off and at 158 I took a partial. Level broke. Next 157.50. Did not get there and I took off more when it broke back towards 158.

Now I did really good and did something unusual: I added back! WAy to go, Markus :-) That is Progress!

I was insecure on whether it would stick as it consolidated for way too long before its move and I had my fingers on the cover button. It really looked like it would make another leg towards highs for a retest.

Luckily the market was weakish and NVDA rolled over.

Nevertheless my fill was bad on the initial drop and I took off half again into .80s in case of it being just a spike lower and then hard bounce for rally.

NVDA kept going lower. Eventually stopped out by moving my stop-loss too close. Never thought it would sell off this far.


Execution detail:

Date/time Symbol Side Price Position
2019-01-24 12:34:00 NVDA sell $158.492 short
2019-01-24 12:36:00 NVDA buy $158.030 short
2019-01-24 12:42:00 NVDA buy $157.870 short
2019-01-24 13:02:00 NVDA sell $157.890 short
2019-01-24 13:03:00 NVDA buy $157.800 short
2019-01-24 13:09:00 NVDA buy $157.500 short
2019-01-24 13:18:00 NVDA buy $157.070 0


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