_outofthemoney's SPY Trade
-9.00
Trade Details
Patterns:
vwap bounce
Performance Metrics
| Entry CPU | Exit CPU | Fees | Max Amount | Max Cost | P&L % | P&L $ |
|---|---|---|---|---|---|---|
| 109.00 | 100.00 | $0.00 | 1.0 | $109.00 | -8.26% | $-9.00 |
Transactions
2 entriesFeatured Image / Proof
Auto-generated Chart BETA
Unlock with Pro Entry (Buy/Short)
Exit (Sell/Cover)
Dividend
Notes
Entered calls possibly anticipating a VWAP bounce. Cut the loss very quickly after it went below VWAP.
The better play here would've been to wait to see how SPY reacts at VWAP and trade accordingly. This lowers the risk the trades turning against me and allows me to get a better fill.
Patience is key.
-8.25%
