"The only way to trade with Fibonaccis" journal

[1a2b3cppp]

You know what I may change up my entry position sizing on this trade. I'm thinking about buying 200 more shares @134 which is funny because price has already been below 134 on this trade and if I had wanted to do that from the beginning, I would have those shares by now.

Rest assured that as I normally do, I will announce the trade in this thread before I actually place it unlike most people who seem to always announce their trades after the fact. Funny how that works, huh?

 

[1a2b3cppp]

Yeah.

Order placed to buy 200 more shares of SPY @ $134.

This morning price dropped to $133.84. Too bad I didn't have the order on then :eek:

 

[1a2b3cppp]

Order filled, 200 shares at $134.

 

[1a2b3cppp]

5/15:

SPY: -$1,088

Net for this trade:
-----------------------------
-$1,088

 

[1a2b3cppp]

5/16:

SPY: -$1,292

Net for this trade:
-----------------------------
-$1,292

There may be some good buying opportunities coming up.

 

[1a2b3cppp]

Look at price fall!

Limit order placed to buy 400 shares of SPY @ $129.

 

[1a2b3cppp]

5/17:

SPY: -$2,080

Net for this trade:
-----------------------------
-$2,080

 

[1a2b3cppp]

$1.70 away from next entry price.

 

[1a2b3cppp]

$0.70 away from next entry price!

 

[1a2b3cppp]

5/18:

SPY: -$2,528

Net for this trade:
-----------------------------
-$2,528