-0.1R
Trade Plan
Risk (cents): ------------------ 5
Risk (absolute, USD): ---------- 2.50
Average Price: ----------------- ca. 5.41
Stop Price: -------------------- ca. 5.46
Target Price: ------------------ ca. 5.15
Reward to Risk (cents): -------- 26/5
Reward to Risk (factor): ------- ca. 5:1
Things well done: --------------
Mistake(s): -------------------- A bit unlucky
Lesson(s): ---------------------
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-10-21 11:09:55 | CXRX | sell | $5.410 | short |
2016-10-21 11:16:44 | CXRX | buy | $5.459 | 0 |
are you suggesting the stop was too tight?
are you suggesting I should have waited for the breakdown before entering?
it is hard to understand, whether you are making a statement or asking a question.
i tend to enter on the front end. thus, i don't wait for the breakdown before entering.
the stop was too tight, yes, you are right.
nonetheless, hindsight is bliss and this stock grinded a lot.
my stop was above HOD.
the HOD break could have meant another leg higher.
Hi JensW.
Sorry for the confusion.
I mean both, You entered ok. nothing wrong with your trade.
If you follow your plan it was good trade.
Happen to me all the time
I am 10 years part time trader and learning.
Keep in touch,
trade well
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too tight stop or should waite to break down before entering?