hugh's TZA Trade $-80.14
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Trade Detail
Trade Details
Portfolios:
SEP Trading Acct
Performance Metrics
| Entry CPU | Exit CPU | Fees | Max Amount | Max Cost | P&L % | P&L $ |
|---|---|---|---|---|---|---|
| 34.51 | 34.35 | $0.14 | 500.0 | $17,255.00 | -0.46% | $-80.14 |
Transactions
2 entries| Date | Side | Amount | Price | Commission | Reg Fee |
|---|---|---|---|---|---|
| Oct 19, 2023 12:35:00 | Entry | 500.0 | $34.51 | $0.00 | $0.00 |
| Oct 19, 2023 12:45:00 | Exit | 500.0 | $34.35 | $0.14 | $0.00 |
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Big up, big down on FED news. Price broke to new lows on high volume, then bounced hard of 5min 200EMA up to new highs. I bought thinking this reversal was for real, watching price break to new highs on the week. Price quickly faded on high volitility back down to 5min 100EMA, which is when I stopped out. Unfortunately, it then came back up and broke to newer highs and still continues to go in that direction. I learned that I need to avoid volitile news reactions and wait until a trend has formed.