Breakout day, strong OR, 15' pullback. I tried to enter on a break over the red at 10:15 (.99 x .87) but accidentally used a limit buy instead of a stop buy, so immediately got in before the level broke and it immediately stopped me out. Luckily in a way, I had made another error which was sizing the position wrongly, due to my indicator being set wrong, so this was only a small loss, not a full sized loss. The intended trade actually worked for 1R, but it never reached the 2Rs I usually go for. However, it would have trailed in the money by the time it reversed, so it would have trailed out for a small gain had I used the correct order type.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-03-18 11:30:22 | XOM | buy | $80.980 | long |
2019-03-18 11:37:47 | XOM | sell | $80.860 | 0 |
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