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Today was a good trade and I landed around 1.3% from it. The thing i failed to do yesterday was keep my risk:reward in order so that It can work towards my profitability. I risked 20 dollars and made 55. I need to keep my risk ratio above 1:2 but their is still room to go even higher. Even after taking so much of the move, I only captured around half of the move. I need to start taking profits along the way to increase my profits.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-07-28 09:36:11 | AUDC | sell | $40.970 | short |
| 2020-07-28 09:38:54 | AUDC | buy | $40.415 | 0 |
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