Shared by
boldandnuts
Trade took forever to play out. Bad Entries, good adds.
NVDA was on watch for continuation after Earnings.
Resistance at 160 and ss bias below 156 as I assumed the SPY to correct.
NVDA ran out of the open after a quick chop. Between 159.50 and 160 I saw some exhaustion and took an entry when NVDA started to drop after a stall. Entry was good, but in hindsight too early as NVDA was really strong. It made an attempt lower as higher prices were rejected. My Entry price was good, but eventually I should have taken it off when on the backside a decision-candle for a long formed. I hesitated and kept it. Bad call!
My add on the reject of 161 was ok. Without my first add it would have given me a decent price! A decent price to start a position and add to on decision-candles.
The third add was really good, but it took a bit to resolve. NVDA was really pissing me off by then as I waited for the rollover, but the SPY also was very hesitant and it took until deep in lunch for volume to pick up and market to finally roll.
Profits were good, but way too early in hindsight. Even though I was patient here. Not patient enough.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-02-20 09:58:00 | NVDA | sell | $159.701 | short |
| 2019-02-20 10:20:00 | NVDA | sell | $160.870 | short |
| 2019-02-20 11:01:00 | NVDA | buy | $160.320 | short |
| 2019-02-20 11:10:00 | NVDA | sell | $160.790 | short |
| 2019-02-20 11:16:00 | NVDA | buy | $160.570 | short |
| 2019-02-20 12:00:00 | NVDA | buy | $159.850 | short |
| 2019-02-20 12:08:00 | NVDA | buy | $159.650 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!