Grade=C-
The setup: pullback
The result: Got stopped out after moving my stop up above break even. I could have waited longer to move my stop up, but it seems reasonable the way I did it.
Okay entry, bad exit.
The lesson: Sometimes I'll get stopped out, even if I do things reasonably. It could have been avoided by entering earlier at a better price with tighter risk. That way my break even stop could have been kept lower and a bit looser while still being profitable.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-20 10:56:55 | MOMO | buy | $18.100 | long |
2015-05-20 11:06:01 | MOMO | sell | $18.220 | 0 |
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