Shared by
Cklamb
At the opening, the stock set to give me a good risk profile with the long wick on the second candle.
I ran with 8 cents of risk on this trade(which means I sized to small). I missed a 2for1 on this and I think that may have effected my decision to move on for a while. I need to manage winning trades once in am in them much better. It is hard to get this kind of risk outlay that early in the day. The trade was working. I need to build a list of reasons to sell. I know that hitting a target is one of those reason but…
If there would have been better trade management, this trade would have been a top grade trade.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-04-26 09:39:04 | CL | buy | $69.675 | long |
| 2019-04-26 09:45:34 | CL | sell | $69.834 | 0 |
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