Together with TSLA and BABA I traded also NFLX as the market was selling off and came into supports that I expected to hold.
It did not.
My entry in NFLX was too early. 344 and 339.50 were pivots I had written down.
NFLX reacted to 343 and I used the lift above for a first stab, but was too early as the highs of the candles there did not break. It dropped too fast and I did not want to exit. Bad call.
NFLX dipped below 341 and I added on the way back above, but was too late. Bad add on break of 341.50s. Just a spike into 342 and below my break-even to reduce size. NFLX dropped even further where it finally had a decent decision-candle just above 340. That would have been the Entry to wait for!!! I did not even add as I missed it as in BABA. idiot!
This time I took my partial loss into 322.
NFLX moved lower and broke lows once more after some time of consolidation.
339.50 was my next add level to watch. NFLX dipped below and I added moments too early. There was a test of 339 that held.
NFLX eventually moved and I took off most of it break even.
Eventually NFLX moved to VWAP as intended. Again I was too early initiating my trades.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-02-07 11:29:00 | NFLX | buy | $343.019 | long |
2019-02-07 11:30:00 | NFLX | buy | $341.640 | long |
2019-02-07 11:39:00 | NFLX | sell | $342.150 | long |
2019-02-07 12:02:00 | NFLX | buy | $339.698 | long |
2019-02-07 12:11:00 | NFLX | sell | $340.610 | long |
2019-02-07 12:13:00 | NFLX | sell | $340.506 | long |
2019-02-07 12:23:00 | NFLX | sell | $341.740 | long |
2019-02-07 12:41:00 | NFLX | sell | $340.902 | 0 |
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