Upset with getting stopped out on $TRIL on a brief flash down to 2.25. I go stopped out twice before but I could see the potential on this especially with the positive news. I put a trailing stop of 25 cents on my third trade and the price quickly flashed down to 26 cents, triggering my stop. Today I had implemented a 25 stop but I need to be aware of the whole, 1/2 and 1/4 mentality in money so I am going with a 30 cent stop from the high while riding up the momentum tomorrow. Upset it turned into a loser instead of a good winner. Another lesson learned.
Live to trade another day
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-01-09 10:09:30 | TRIL | buy | $2.035 | long |
2020-01-09 10:11:12 | TRIL | sell | $1.900 | 0 |
2020-01-09 10:17:16 | TRIL | buy | $2.160 | long |
2020-01-09 10:17:51 | TRIL | sell | $2.090 | 0 |
2020-01-09 10:18:11 | TRIL | buy | $2.250 | long |
2020-01-09 10:23:42 | TRIL | buy | $2.340 | long |
2020-01-09 10:24:57 | TRIL | buy | $2.490 | long |
2020-01-09 10:25:04 | TRIL | sell | $2.250 | 0 |
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