Shared by
handycandi_BOWS
Bought when passed price level; tanked before I could set stop order, sold when I passed my max loss per trade. Wasn't good buy, was only second tap.
Bought again when it really did pass price level; set stop below. Sold half into spike. Had to cancel stop order to sell another half into huge spike, and it dropped a whole dollar before I could, putting me negative on the trade. Not sure how I could have improved that except to be super-fast.
According to my rules, I won't get into this trade again today, because I feel angry, so I'll likely revenge trade.
Here is where I drew my trendlines:
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-03-20 09:49:32 | PRTA | buy | $43.380 | long |
| 2015-03-20 09:51:19 | PRTA | sell | $43.020 | 0 |
| 2015-03-20 09:53:22 | PRTA | buy | $43.500 | long |
| 2015-03-20 09:54:15 | PRTA | sell | $44.190 | long |
| 2015-03-20 09:55:37 | PRTA | sell | $43.300 | 0 |
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