SPY Trade on Mar 6, 2023 10:44 from ryanknox1182: Tradervue User Stock Trades.

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ryanknox1182

 

I am tired today. Thomas was very sick and up numerous times last night, he is home with me today. I only got maybe 5 hours of sleep. I am glad I precharted on Sunday. Getting started on charting this morning and following Brandon and Grizz was slow and tough, thanks caffeine. Once I got into market, I was focus and following along. Grizz surprised with a scalp call at the bottom and rode that to 406. I was waiting patiently to reenter and while I had several chances, I missed them. They touched the vwap and the 21 ema several times. Once I missed those, I decided to focus on the next trade, which was this one.

The plan was to take puts at the 407 supply via grizzly call and my own charting of a supply zone. The day opened very strong and so did SPX and /ES. SPY run up from 404.76, then consolidated up for a bit, then broke 406. After 406 it consolidated between 406.5 and 407. It broke the 407 resistance and made it's way to my 407.40 zone. It hit 407.37. I took it. Best fill was 0.80, mine was 0.83. Took 20 contracts P407 odte.

While in the trade, I was confident and calm. I was cautious of the 407 retest and break. Setup 5 piece legs.
Stops at 0.70 through 0.72. I need to not put the legs in the same Stop as they will bunch together.
Followed the 5 ema and 8 ema brandon strategy down mostly once they caught up to the downtrend.
Moved my stops just above 8 ema.

At this point, Thomas was extremely annoying and I my entire focus was not on the trade. I sort of panic and let 10 stops go at 0.905. I need to completely zone him out if he is around in the future. Ideally, have him do something if he has to be near you.

Moved other stops up along with limits. Best price was 1.15. I got 1.00, 1.02, and 1.06 between 5, 2, and 3 legs.


Execution detail:

Date/time Symbol Side Price Position
2023-03-06 10:44:30 6 MAR 23 407 PUT buy $0.8300 long
2023-03-06 10:44:30 6 MAR 23 407 PUT buy $0.8300 long
2023-03-06 10:47:43 6 MAR 23 407 PUT sell $0.9000 long
2023-03-06 10:47:43 6 MAR 23 407 PUT sell $0.9100 long
2023-03-06 10:48:40 6 MAR 23 407 PUT sell $1.000 long
2023-03-06 11:01:30 6 MAR 23 407 PUT sell $1.060 long
2023-03-06 11:02:42 6 MAR 23 407 PUT sell $1.020 0


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