WTI Trade on Mar 4, 2021 09:58 from wolfgtweb: Tradervue User Stock Trades.

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wolfgtweb

 

Was trying a flat top breakout at $3.86. It had topped at $3.85 for almost 15 minutes. But just my luck, it hit my entry at $3.86, went briefly to $3.87 and then struggled for about 10 minutes before falling. I had a $.10 target with a $.10 trailing stop.


Execution detail:

Date/time Symbol Side Price Position
2021-03-04 09:58:39 WTI buy $3.860 long
2021-03-04 09:58:39 WTI buy $3.860 long
2021-03-04 09:58:39 WTI buy $3.860 long
2021-03-04 10:05:31 WTI sell $3.765 0


Comments

Gravatar Joes_Trading_Shop
2021-03-04 11:45:23
 

Way to manage risk!

2021-03-04 20:06:01
 

good job cutting it quick, just in case you didn't check there was a daily resistance around the 3.75 - 3.95 area. I would personally wait for a few more cents above the breakout level and confirm that there is momentum on the time and sales. I think this could have helped you here, an entry at 3.88 and just move your stop up to 3.78 as below that 3.8 level it's not really a strong BO anymore. anyways, just my input! good luck:D

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