Shared by
Defy
This was a classic case of over trading and not staying convicted to the setup. My initial plan long was based on the price action at 3.70 area. holding for 10mins with large volume. Took a starter position, got out into the push towards 3.80
started chasing this after the first trade. every trade after didnt have proper risk management in check.
Takeaways
make sure your keeping your risk management in check, dont let things get out of control.
$200 limit is mandatory. trades like this can spiral out of control.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-01-14 09:31:08 | NIO | buy | $3.706 | long |
| 2020-01-14 09:33:06 | NIO | sell | $3.764 | 0 |
| 2020-01-14 09:34:41 | NIO | buy | $3.729 | long |
| 2020-01-14 09:36:05 | NIO | sell | $3.700 | 0 |
| 2020-01-14 09:41:57 | NIO | buy | $3.699 | long |
| 2020-01-14 09:48:10 | NIO | buy | $3.690 | long |
| 2020-01-14 09:52:15 | NIO | sell | $3.630 | 0 |
| 2020-01-14 10:26:23 | NIO | buy | $3.780 | long |
| 2020-01-14 10:41:23 | NIO | sell | $3.720 | 0 |
Leave a comment about this trade!
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!