Target: $39.50 | 3.27:1 R:r
Risk: $400 vs. $40.15 (SSR was on, so I ended up getting 1k shares)
Setup: It triple tapped the uptrend line and formed a descending type flag. I noticed a large bid at 40 that was holding and got taken out very quickly. The way it was taken out was suspicious.
Pros:
1. I was discipline with my exit and didn't fuck around getting out. Not getting all the shares I wanted helped.
Cons:
1. My entry strategy was poor and I didn't get the shares I wanted. I need to rethink how I play stocks with SSR on.
2. I missed a huge swing shorting opportunity afterwards and the next day. I need to learn how to play these.
Note: I am missing swing ideas that should be simple to think about. Can't let this happen.
Old Blog:
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-11-17 11:02:00 | WBA | sell | $39.990 | short |
2020-11-17 11:17:00 | WBA | buy | $40.000 | 0 |
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