"The only way to trade with Fibonaccis" journal

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?

 

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:

 

Order filled, 200 shares at $134.

 

5/15:

SPY: -$1,088

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

 

5/16:

SPY: -$1,292

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

There may be some good buying opportunities coming up.

 

Look at price fall!

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

 

5/17:

SPY: -$2,080

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

 

$1.70 away from next entry price.

 

$0.70 away from next entry price!

 

5/18:

SPY: -$2,528

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