Notes on the trade: Got in on the inside 15, however, I got in way too late, if my entry would have been $35.80 I would have been able to get my one to one and even if the trade had failed --like it did… the trade would have ended breakeven, but instead and because of my poor entry, I got in at the end of the move and ended up losing $60.
Another mistake was that the chart was not spaced out enough, meaning, I was not able to see at the time the possibility of an entry at $35.80. I actually had to expand the chart to see it. The chart that I’m using for this trade note was not what I was seeing when I was taking the trade. I need to zoom in the charts a bit more to avoid this from happening again. In my opinion, this was a good trade that just did not work.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-06-05 10:18:45 | DAL | buy | $36.090 | long |
2020-06-05 10:19:20 | DAL | sell | $35.890 | 0 |
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