FB Trade on Jan 30, 2019 09:39 from MarcoG: Tradervue User Stock Trades.

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MarcoG

 

01/30/2019
After the frustration is gone I am able to see.
The trade was a great call but I have to figure at a faster pace my entries and exits granting the stock the move needed based on my entry. Entering so high I am obliged to consider the opportunity of a retest back down therefor I had to lower the size at those levels. I would prefer find a way to enter at a better price!! From tomorrow I will apply the follow:

For this purpose I have made a sheet in which I have monitored the behavior of my trades since 11/28/2018.
I trade only stock with catalysts and a gap of 2.5% at least. The gap can be up to a minimum of 1.5% if there is a catalyst on top!
The results are amazing and confirm my theory. The theory that I shit in my pants and never trade in the way I would like :D But I still trade those names adapting fear with strategy. Result I am not profitable nor I lose...
1)65% of my trades would have worked: Long the deep of the Up Gappers right at the opening
2)60% of my trades would have worked: Short the Down Gappers at the top after the very first 1 minute candles are formed/the high of day levels are tested.
3) 60% of my trades would have worked: Long the up gappers after 3/5min candle is formed.
4) 60% of my trades would have worked: Short the down gappers after 3/5min candle is formed.

Notes:
17.65/20% .ca of Up and Down Gap goes into Whipsaw Action at the opening in very first minutes.
35.49% .ca of Up Gap and 16.67% of Down Gap goes into Whipsaw Action after the very first minutes up to 5min.ca
11% .ca of Up Gap and 6.67% of DownGap goes into Whipsaw Action after the very first minutes up to 5min.ca
My study doesn't include the second trading wave that comes later after lunch time. I have analyzed only the first impulse of orders.
Some screens:
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First screen is the list of the trades and you can follow their behavior after in the screens they follow.

Results:

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The study is from 11/28/2018 to 01/30/2019 but the trade list and the screens show only the first month while the results include the entire period!


Execution detail:

Date/time Symbol Side Price Position
2019-01-30 09:39:35 FB buy $147.430 long
2019-01-30 09:44:08 FB sell $146.820 0


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