NFLX Trade on Jan 20, 2016 10:18 from WesleyR_BOWS: Tradervue User Stock Trades.

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WesleyR_BOWS

 

SIM DAY #11

Shares traded (day): 5800
Closed P&L (day): $2,378.00

Had a solid day I feel. I did not get the opportunity to trade right at the open as I had planned to, but I did find time to trade for a quick 30 mins roughly 50 minutes into the trading day. With $NFLX releasing earnings yesterday after hours, it was my primary stock to trade today. I managed to jump back on the trading platform and trade for a second-30 minute window later in the afternoon, and found a nice play on $AMZN to the long side as it broke over EMA's and previous highs.

Shares traded: 4800 (NFLX only)
Closed P&L: $1854.00 (NFLX only)

I looked to short the stock once it broke it's low of day in which it had previously touched twice already on the day. As I noticed the stock bounce to its EMA's, I looked to add to my size, and then scaled out, taking profits as the stock continued to drop in price. I would have liked to add more size as it bounced again, looking to short the stock further, but I ran out of time for the morning and had to get back to my day job.


Execution detail:

Date/time Symbol Side Price Position
2016-01-20 10:18:19 NFLX sell $100.700 short
2016-01-20 10:18:42 NFLX buy $99.890 short
2016-01-20 10:18:49 NFLX buy $99.860 short
2016-01-20 10:20:28 NFLX sell $101.510 short
2016-01-20 10:25:16 NFLX sell $101.580 short
2016-01-20 10:28:42 NFLX sell $102.290 short
2016-01-20 10:30:42 NFLX buy $100.670 short
2016-01-20 10:31:38 NFLX buy $100.740 short
2016-01-20 10:32:12 NFLX buy $100.760 short
2016-01-20 10:33:16 NFLX buy $100.380 short
2016-01-20 10:34:32 NFLX buy $99.900 short
2016-01-20 10:34:55 NFLX buy $99.810 short
2016-01-20 10:36:10 NFLX buy $100.080 short
2016-01-20 10:37:29 NFLX buy $99.850 short
2016-01-20 10:37:37 NFLX buy $99.710 0

Comments

Gravatar James_BOWSsim
January 20, 2016

Man you really hammered this thing! Just curious, was your stop somewhere above that flag just prior to the second flush?

Gravatar WesleyR_BOWS
January 23, 2016

@JamesDover_BOWS Yes, i felt as though the stock was going to continue it's downtrend based on the volume pattern and overall market. I was expecting that deeper pullback and I placed my stop somewhere around $102.50-$103.00, basically that level of consolidation you see on the 5-minute candle chart that was occurring at 10am. Then just added to my position as the pullback got deeper, expecting it to flush.

Gravatar James_BOWSsim
January 24, 2016

Very nice. I'm just now going to try scaling into setups slowly rather than all in at once. Solid strategy indeed.

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