Shared by
boldandnuts
Another great and patient entry!
NFLX also sold off with the market, but on lighter volume than TSLA. However I watched it trade lower and when I saw the increase of volume together with the increase of speed by which NFLX made lows I got more interested.
When NFLX dipped below 355 it started to slow down. Once the level reclaimed I used that to trigger my entry. Did really good hitting the full dollar.
Did good on my partial as well to wait for my 1$ target.
I stuck with it quite some time as I have not taken much size here. I don't know why I felt so inconfident and risk averse.
On the retest of 356.50s and with clear resistance I used an offer to take off more.
Stuck with the rest and stopped out on it just before calling it a day.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-03-01 11:53:00 | NFLX | buy | $355.000 | long |
| 2019-03-01 11:58:00 | NFLX | sell | $355.890 | long |
| 2019-03-01 12:16:00 | NFLX | sell | $356.450 | long |
| 2019-03-01 12:50:00 | NFLX | sell | $356.720 | 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!