Trade Detail

jonnykopperud123@gmail.com's SPY Trade 0.00

Trade Details

Published: March 6, 2023, 8:55 p.m.

Status: CLOSED

Portfolio(s): LOL,

Broker: Webull

Asset: Option

Option Type: Call

Option Strike: 405.0

Option Expiration: March 7, 2023

Option Name: SPY230307C405

Symbol: SPY - View rating

Type: Long

Pattern(s): bounce long, Breakout,

Featured Image / Proof

Image of TradeJournal User: jonnykopperud123@gmail.com, Symbol: SPY, Status: Closed trade

Stats

Entry CPU	Exit CPU	Fees	Max Amount	Max Cost	P&L %	P&L $	P&L With Fees
0.0	0.0	0.0	0.0	0.0	0.00%	0.00	0.00

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Notes

REASON FOR TRADE: Saw it was bouncing off the 20 day moving average, as well as rsi on the 5 min chart was at 30/31 so I thought we were going to bounce off the 20 day moving average and go up. We were on a downtrend so I thought after we break out of the trendline and we move above the 405.05 yellow level I would take the trade long which I did.

WHAT WENT WRONG: We consolidated a lot, there were a little more sellers than there were buyers but almost everytime we went down we went back up. I had my stop loss at the low of the day, so after we hit that low I was still a little bit bullish on the market, so I didn't end up selling until a little after we hit the low of the day, which we ended up making a new low of the day

START: $475

END: $438