Trade Detail
jonnykopperud123@gmail.com's SPY Trade 0.00
Trade Details
- Published
-
March 27, 2023, 3:43 a.m.
- Status
- CLOSED
- Portfolio(s)
-
LOL,
- Broker
- Asset
-
Option
- Option Type
-
Call
- Option Strike
-
405.0
- Option Expiration
-
March 24, 2023
- Option Name
-
SPY230324C405
- Symbol
- Type
-
Long
- Pattern(s)
Auto-generated Chart BETA
Notes
TRADE #1: Bought in once we retested and consolidating at GREEN 392.34 level. None of the candles were closing below the level so I was pretty positive we were bouncing off this level. I noticed the trend line forming so I put my stop loss under the trend line, so once we broke out I sold. One thing I did notice was when the rsi hit 70 it started to sell off which I kept this thought in the back of my mind going into my next trades.
+31%
TRADE #2: After my last trade, since we retested and used GREEN 392.34 as support I thought after it looked like we broke this level and opened a new candle on the 3 minute chart under the level, I thought we were going down so I bought in short but I was wrong and took the small loss.
-12%
TRADE #3: I've been taking a lot of retest trades which is great because I think if I add up a lot of my retest trades, I'm in the green and i've been getting better at controlling them, watching for them, etc. I don't like to take the bounces or rejections straight away, I like to wait for the retest. So after my last trade was wrong when I thought we were going down, it was clear to me were were headed back up again so I bought back in after we had bouncing candles off GREEN 392.34 level on the 1 min, 3 min, 5min, 15 min charts (I've been using the 3 min charts A LOT to take confirmation for bounces). This trade headed straight up and I stopped out once we hit 70 on the rsi, which was perfect because I sold at the top before we started a small selling channel. Overall great scalp and great preperation and awareness.
+36%
TRADE #4: This trade was very clear. Had a perfect rejection off the 5DMA, so I took the trade short. Took my profits at a good time when we started to consolidate a little bit.
+19%
TRADE #5: To be completely honest, this was a gamble and forced trade. I wanted one more trade before I headed out to work, and since I had made a lot of profits today, I thought I could use a little bit to take another trade. I thought we were going to bounce off the 5DMA and go up but we dropped down and I sold because I didn't want to lose too much. Not too mad about this trade becuase the amount of money I made today. Still finished the day +$80 and it was my best day yet with my best profits. Only thing I could take away from this trade is to not force any trades based on time left to trade and also not to gamble any trades because I don't have enough market knowledge yet to be doing trades like this.
-16%
Transactions
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