jonnykopperud123@gmail.com's SPY Trade $0.00

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Trade Details
Published: Mar 06, 2023
Status: Closed
Broker: Webull
Asset: Option
Symbol: SPY
Type: Long
Option Type: Call
Strike: $405.00
Expiration: March 7, 2023
Name: SPY230307C405
Portfolios: LOL
Patterns: bounce long Breakout
Performance Metrics
Entry CPU Exit CPU Fees Max Amount Max Cost P&L % P&L $
0.00 0.00 $0.00 0.0 $0.00 0.00% $0.00
Transactions
0 entries
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No transactions found
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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




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