Shares traded: 120
Closed Gross P&L: $40.80
I entered this trade a little early. After the positive high wick candle at the open I decided that there was the probability of a short term bounce immediately off of the open,
I triggered in at the lowest end of the last overnight candle looking for it move stronger a little quicker than it did. However, moving into next fifteen minutes both the volume and the tape acted bullish.
I did sell on some decreasing momentum in 56.30 range and missed a few cents on the upside.
I am actually very happy with this trade. I needed to fight for price and should have looked more to the wick on the overnight closing candle. When I am working a three minute chart I have plenty of time to make a better decision than I did on this entry. I would not have trade more than those 60 shares as I was running a play that I have very little history.
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!
You can write your trade notes and comments using markdown syntax for links, images, etc. Some quick examples to get you started:
For other options, see Markdown syntax documentation.
Note that normal HTML tags are not supported in Tradervue.