ARQL Trade on Jun 14, 2019 09:49 from arapolin: Tradervue User Stock Trades.

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arapolin

 

Still on learning process entry - 8.20 (Support) @ 9.45 am Exit 8.73 Vwap @ 8.73


Execution detail:

Date/time Symbol Side Price Position
2019-06-14 09:49:48 ARQL buy $8.200 long
2019-06-14 10:00:59 ARQL sell $8.730 0


Comments

Gravatar AriTrading
2019-06-16 15:05:09
 

Thank you for the kind words on my trade. Nice job with a great exit point. One thing I can possibly warn you about is that you bought the bottom of a new low of day. I can understand if you were seeing buyers there but beware that this is an area where shorts are taking profits and you may end up catching a falling knife. I'm not saying that this was a bad play, I'm simply saying you need to be careful and have a very tight, disciplined stop if your entry is going to be here. A more conservative approach would have been to wait for it to go up and come back down again, then if it held above that new low (like it did), you can start in for a possible reversal with a set risk off of the low of day. You would have ended up with the same result, but the probability of you being right in that situation is much greater.

2019-06-16 22:16:14
 

Ari Trading , thanks on your comments, very much appreciated, it helps me a lot in this journey, i will apply it on my trading , i know trading is hard, I'm gonna work hard, and keep practicing and watching the market, im still on my day to day job, im doing this just to have an extra income , to help my family back home.... thank you very much Ari Trading.. my god bless you , have a good day to you and your family.

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