Conclusions:
- Remember your Trading Rules, Position Size Limit of 100 Shares for Stocks over $20
Action:
Bought 1 min HoH, Stop to Low of Pullback $21.75, FPT $22.75
Scaled out at FPT, Stop to BE
Stopped Out
Analysis:
Price Moved so fast I missed my chance to Scale Out again at Trade P/L=$100, if I had, and my subsequent actions were the same, I would have closed this trade up $90
If I had held through that final pullback, I could've reached my daily goal with this single trade
I violated my Trading Rules. I got too large of a position for this price, should've been limited to 100 shares.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-10-27 09:52:17 | SRRK | buy | $22.310 | long |
2020-10-27 09:52:18 | SRRK | buy | $22.310 | long |
2020-10-27 09:52:18 | SRRK | buy | $22.360 | long |
2020-10-27 09:52:18 | SRRK | buy | $22.310 | long |
2020-10-27 09:52:47 | SRRK | sell | $22.940 | long |
2020-10-27 09:52:48 | SRRK | sell | $22.910 | long |
2020-10-27 09:54:34 | SRRK | sell | $22.340 | 0 |
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