Shared by
TheScalpman
BEST TRADE TODAY
*
I think this had a nice daily and was going to open above the recent resistance,
in the first 2 mins there was no volume which was very weird so i didnt trade it
then the volume came in the 3RD min i still wasnt too sure what way it was going, once it broke up i went long.
when more volume came in i scalled in another 400.
this was probably a bad idea.
i wasnt sure where to put my stop and i was in no mans land,
i should have went with 800 originally with my stop at LOD
that was definitely the safest place and i could maybe have held on longer or scalled out better
the first scale out was more of a panic scale out as i was worried about the size of my position and it going wrong.
which was probably the correct thing to do.
anything can happen after all!!
2nd trade i was late FOMO entry
and i gave up on it for the 3rd trade which would have been a nice one.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-08-28 09:33:07 | DELL | buy | $65.468 | long |
| 2020-08-28 09:33:53 | DELL | buy | $66.122 | long |
| 2020-08-28 09:35:00 | DELL | sell | $66.350 | long |
| 2020-08-28 09:38:29 | DELL | sell | $66.930 | long |
| 2020-08-28 09:42:08 | DELL | sell | $66.932 | 0 |
| 2020-08-28 10:11:09 | DELL | buy | $65.882 | long |
| 2020-08-28 10:11:48 | DELL | sell | $65.681 | 0 |
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