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Shared by
Steve_Trades

 

AMC

Jan 22, 2021 15:22


Tags:

Disciplined Exit Pull Back Top Loss

  • Longed this pullback looking for a push into the close.
  • Didn't work. Tried to give it some room but ended up cutting.
  • Starter size that went against me right away.
  • Opportunity to break even and didn't take it.
  • Top %Loss today.

  • Was probably an unnecessary trade at this stage in the day, paired with unrealistic expectations of what it can do.

  • Didn't respect how hard of a crack we had on that previous red candle.

  • Too much damage technically for 3:30 in the afternoon.


Execution detail:

Date/time Symbol Side Price Position
2021-01-22 15:22:28 AMC buy $3.590 long
2021-01-22 15:42:38 AMC sell $3.500 0


Comments

2021-01-24 18:48:45
 

I think you entered before there was confirmation of a continuation. Good exit.

2021-01-25 18:33:23
 

Yeah, bad trade overall. Shouldn't have gotten involved at that point, and should have taken the opportunity to cut at break even.

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