Paper trading. I had two great trades followed by a trade that looked great and was sloshing around the 5.60 area with hopes of break the 5.80 spot for a 30 cent win again but only got to 5.75 and then flushed. I tried not to sell right away and put my stop around $5 but it tapped my stop and was out. Was up $160 on two trades but finished only up $42.50 on three trades. Another valuable lesson learned that I hope to bring to my trading when I return to live trading next month.
Live to trade another day
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-02-14 10:13:20 | GNPX | buy | $4.800 | long |
2020-02-14 10:13:49 | GNPX | sell | $5.100 | 0 |
2020-02-14 10:17:03 | GNPX | buy | $5.000 | long |
2020-02-14 10:20:00 | GNPX | sell | $5.340 | long |
2020-02-14 10:20:00 | GNPX | sell | $5.340 | long |
2020-02-14 10:20:00 | GNPX | sell | $5.340 | 0 |
2020-02-14 10:23:20 | GNPX | buy | $5.500 | long |
2020-02-14 10:29:31 | GNPX | sell | $5.030 | 0 |
i don't have a name for it. it's just how I feel comfortable trading and a result of what looks to be working.
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What are you calling this setup ?