Shared by
Goku_BOWS
Daily Setup: Pullback to support, buy at support
Intraday Setup: Oversold bounce
Layers of Probability: Daily support level @ 26, 5 minute extension
Entry: Build in vs. 26.50 area, before going red, at yesterday's close, just below yesterday's range when uptick started.
Stop: Placed at LOD only after a pivot was formed
Targets: ~15c increments
Thoughts/Thesis/Notes during the trade
Areas of Success: Good add-back strategy allowed me to maximize profits in a smaller range.
Areas to Improve: Smaller size on initial buys to get better average price. Hard when you don't know when the pivot will form.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-04-12 09:45:00 | TQQQ | buy | $26.930 | long |
| 2023-04-12 09:46:00 | TQQQ | buy | $26.780 | long |
| 2023-04-12 09:48:00 | TQQQ | buy | $26.650 | long |
| 2023-04-12 09:51:00 | TQQQ | sell | $26.800 | long |
| 2023-04-12 10:01:00 | TQQQ | buy | $26.650 | long |
| 2023-04-12 10:02:00 | TQQQ | sell | $26.800 | long |
| 2023-04-12 10:05:00 | TQQQ | sell | $26.930 | long |
| 2023-04-12 10:11:00 | TQQQ | sell | $27.050 | long |
| 2023-04-12 10:16:00 | TQQQ | sell | $27.100 | 0 |
| 2023-04-12 10:18:00 | TQQQ | buy | $26.930 | long |
| 2023-04-12 10:21:00 | TQQQ | sell | $27.100 | 0 |
| 2023-04-12 10:26:00 | TQQQ | buy | $26.930 | long |
| 2023-04-12 10:29:00 | TQQQ | sell | $27.100 | 0 |
| 2023-04-12 11:13:00 | TQQQ | buy | $26.250 | long |
| 2023-04-12 11:20:00 | TQQQ | sell | $26.450 | 0 |
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