Another great trade due to execution of the trade
Went back and initiated my study that includes the 9 and also look at the daily chart to establish areas of support on the chart. I certainly would not have taken this trade long if the supply areas were properly marked on the chart. I clearly would have been longing directly into major support which was rejected immediately upon entry. What I can say is that I am entering my trades promptly and without fear. I can also say that this concept is the main thing that this exercise is teaching me.
I took a second trade using my TRIB account in DAS when this stock broke below the opening range high and was able to hit my target (2/1). The only issue on this end is that I had to hold the stock through the conference call. In the future I will be certain to exit prior to the call because of the major swings that can occur as a result. This again was a great trade!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-03-14 09:35:15 | DG | buy | $111.980 | long |
2019-03-14 09:41:03 | DG | sell | $111.069 | 0 |
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