MTP Trade on Jul 21, 2020 09:54 from Mance_Trader: Tradervue User Stock Trades.

Conclusion: On Winning Trades, don't sell your final position until a valid Exit Indicator.

Sold before a valid Exit Indicator.

If I held, I could've reached my daily profit target from this trade.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-07-21 09:54:36	MTP	buy	$4.700	long
2020-07-21 09:54:36	MTP	buy	$4.700	long
2020-07-21 09:55:30	MTP	sell	$4.980	long
2020-07-21 09:56:50	MTP	sell	$5.690	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MTP&trade=17771460&end=20200721102550&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MTP&trade=17771460&end=20200721122650&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MTP&trade=17771460&end=20200820&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

michael1023

2020-07-21 11:10:05

nice, what was you exit indicator? i am still papertrading, and i usually sell when a new 1 min candle drops below the low of the previous candle

Mance_Trader

2020-07-21 11:18:04

Hey Michael, I'm new too (and still paper trading too), but I would've liked to see an exit indicator like you mentioned, a new low on a 1 or 5 min candle, something like that.

MTP Trade on Jul 21, 2020 09:54 from Mance_Trader: Tradervue User Stock Trades.

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