pb to the ema. my stop was the pole but it shouldve been at 4.05 range, lucky but scaled out on the spikes
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-27 10:25:31 | NVGN | buy | $4.160 | long |
2015-03-27 13:33:13 | NVGN | sell | $4.220 | long |
2015-03-27 13:38:56 | NVGN | sell | $4.310 | long |
2015-03-27 14:08:02 | NVGN | sell | $4.410 | long |
2015-03-27 14:11:07 | NVGN | sell | $4.370 | 0 |
this was way to loosey gooosey this happens on the simulator u get it and then u just sit on there and let it dump huge but u still stay... when ur live u will be a bit more reactive and this type of risk can set off a whole chain of odd events.
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Ya you probably got lucky. imo you will probably lose more trades than you win (especially in the beginning) and tight stops will allow you to be profitable by cutting your losers quick.