I wanted only 100 Shares @ 2.27-2.28 but not sure how but click twice and filled 200 shares. Risk 2.23. Aim for 1:3 R:R. Hit my risk, I stepped out.
Reenter @ 2.20, risking 2.17 with 100 shares. Hit my risk, I stepped out.
I was watching this ticker all morning. I missed the higher low filled @ 2.17-2.18. Waited for it to make a new higher low. My big blunder today is that I got filled more than I wanted. The good part that came from this is that I was able to keep calm in this situation. My stress level was pretty much normal on this big trade. I was willing to acknowledge the mistake and trade according to plan when given the opportunity. Overall, good trade. Something to learn from. This trade showed me that I was willing to risk 1% of my account and still have a clear head on my risk:reward.
My terrible mistake is probably my entry @2.20. It was more FOMO than necessary. If my head was a bit clearer, I mould have waited for the stock to make a sideway move before I played it.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-10-30 07:58:22 | BLRX | buy | $2.280 | long |
2020-10-30 07:58:30 | BLRX | buy | $2.270 | long |
2020-10-30 07:58:30 | BLRX | buy | $2.270 | long |
2020-10-30 08:05:29 | BLRX | sell | $2.230 | 0 |
2020-10-30 08:05:59 | BLRX | buy | $2.200 | long |
2020-10-30 08:06:53 | BLRX | sell | $2.170 | 0 |
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