Right after I sold for a loss I was getting fearful to reenter, but the pullback to the 2.20 lvl despite making a NLOD 2.17 & 2.18 gave me better r/r. Then the fact that it was holding tht 2.20 lvl good gave me conviction to re-enter. I went it with double the size of my loss and began to see the uptrend (green candles. Sold first piece right below the VWAP and sold the other 1/2 once it broke the VWAP. Was going to sell in 2.57, but decided to quickly lower my sell order because I wasn't going to loss my profits over 3 cents....I was already up nicely. Already have a bad experience not selling into strength this past Friday on PHIO lol. Great trades for the first 2 days of June. Have to stay humble and just come back tomorrow with a fresh mind and not get to overconfident on any ticker.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-06-02 09:40:46 | TENX | buy | $2.220 | long |
2020-06-02 09:44:08 | TENX | sell | $2.400 | long |
2020-06-02 09:44:58 | TENX | sell | $2.540 | 0 |
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Nice Trade!