Shared by
VadimT7
Lessons:
Lesson 1: Don't enter on extended stocks. A pullback is always coming. If it doesn't, don't enter a trade.
Lesson 2: When a move was very big and extended, expect a pullback on the 5-min rather than the 1-min chart.
Lesson 3: Trends are very often at 45-degree angles.
2 Better Entries:
1) At the break of the bull flag on the 1-min chart.
2) More risky entry: Break of opening-candle high. (Opening Range Breakout)
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-12-10 09:59:52 | NEOS | buy | $1.030 | long |
| 2020-12-10 10:02:48 | NEOS | sell | $0.9736 | long |
| 2020-12-10 10:04:05 | NEOS | buy | $0.9600 | long |
| 2020-12-10 10:04:38 | NEOS | sell | $0.9810 | 0 |
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