Trade Overview :
- Company: VISA(V)
- Strategy: Double Diagonal to Short
Reason for entry
I did not have Trade Apgar test in my tool box so this trade was essentially a gut feeling trade. Winning ratio was about 50% but good return to risk ratio. Also the chart showing divergent that the money flow is declining but the price keeps going up. Long term play to get some time value + volatility pla (low volatility now)
Don’t have a good record on this one.
Trade Apgar Test
This score was determined after the trade was placed using ThinkOrSwim’s “On Demand” feature to go back in time and looked at the various indicators.
It clearly shows a very low Trade Apgar Test score. Should not have placed this trade in the first place.
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