Day Chart: Stalking breakout on daily
Buy: My hard stop was just bottom ticked and stock is back to the congestion area that it was trying to break out above. FOMO.
Sell: Didnt get through the day high so lesson from last time - sell a tighter stop point.
Lesson: In review I see again how if I stalked correctly I could have entered safely 0.06 lower, which would have given an .11 move vs .05. Add this better entry to all trades so far and I'd be more successful (larger gains, smaller losses). My win/loss ratio is still 50/50. Stalk these moves cuz it seems thats where the real money is/real traders are. In this trade, I got hit with the FOMO.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-15 12:10:00 | SZYM | buy | $4.160 | long |
2015-04-15 13:09:00 | SZYM | sell | $4.210 | 0 |
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