Date & Time 2020-12-04 09:51:00
Account 210L1030
Setup : Test
Trigger: reversal bar
Trend: Against
Setup Pattern Time Frame: 1 min
Quantity : 3
Initial Risk 3 Points
Primary Confluence : HOD prior day
Compliance Factor: NO - error using 3 cnt vs 2 (I had an opportunity to close out 1 early to correct but did not.
Result : Lost
ERROR Reason: Trade Recognition - Only error was trade size. Every error cost you 3 to 5 R
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-12-04 09:51:00 | MESZ0 | sell | $3682.00 | short |
2020-12-04 10:05:00 | MESZ0 | buy | $3683.25 | 0 |
Yes you are right. Trying to catch a rising knife is just as dangerous as a falling knife. Thank you for feedback. I am always in learning mode.
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
I'd wait for a lower lower and lower high. Price still trending up.