Shared by
JonPaul_BOWS
First trade I took was when price was pulling towards the 9 ema. Set a stop under it and was shaken out.
Second attempt price was on top of the 9 ema but was stopped out. Same thing happened with the thrid attempt.
On my fourth attempt I did something different, instead of waiting for the next pullback I went ahead and anticipated the move up by getting in once price spiked above the 9 ema. I put a limit order about .10 cents above the 9 ema and once I was in I placed my stop and let it rock.
My only regret of course is selling too early, I was eager to make back what I already lost.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-04-29 09:48:47 | MPC | buy | $30.020 | long |
| 2020-04-29 10:01:07 | MPC | sell | $29.820 | 0 |
| 2020-04-29 10:20:02 | MPC | buy | $29.770 | long |
| 2020-04-29 10:20:27 | MPC | sell | $29.740 | 0 |
| 2020-04-29 10:21:20 | MPC | buy | $29.860 | long |
| 2020-04-29 10:21:26 | MPC | sell | $29.820 | 0 |
| 2020-04-29 10:23:21 | MPC | buy | $29.920 | long |
| 2020-04-29 10:27:28 | MPC | sell | $30.200 | 0 |
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