This trade was spot on. We did nothing wrong.
Later on in the day we SHOULD'VE Shorted the CAR double top opportunity.
We missed another opportunity meantime because we were not paying attention.
We were happy that we made a 2% profit, letting our emotions quickly cloud our judgement while we could've captured another winning trade.
The execution for this trade was spot on. With a Bracket Order, we set a stop on target level, stop loss level, and entry price.
We can improve in the future by setting up a trade within short order, and then immediately moving on to other prospective trading opportunity's after, to take grasp of more trades. Once we set up a trade (Set stop, set target, Enter), we must go look at other trading opportunity's and leave it alone. Respect your 2RR all or nothing trading methodology.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-02-20 10:09:15 | COMM | buy | $12.610 | long |
2020-02-20 10:09:15 | COMM | sell | $13.100 | 0 |
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