Shared by
ImMrRoboto
Entry trigger: Long on higher low bouncing off of upper trend line + increasing volume
Initial Stop: 7, right above low of the current uptrend
What I did well: Recognized the increase in volume while at a support level and starting to scale out early at $7.320 I am not mad about. Many times I've started scaling out way too late only to end up negative.
What I could have done better: Faster on the buy button could have gotten me fully filled at $7.090 instead of $7.170. Also, could have held or scaled out less after the initial pullback from the break instead of selling everything. But this is hindsight 20/20 and $EYES liked to sell off quickly as you can see by the large red candles previously. This was probably a good move with all things considered.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-03-05 13:14:13 | EYES | buy | $7.090 | long |
| 2021-03-05 13:15:52 | EYES | buy | $7.170 | long |
| 2021-03-05 13:17:28 | EYES | sell | $7.320 | long |
| 2021-03-05 13:17:38 | EYES | sell | $7.340 | long |
| 2021-03-05 13:18:22 | EYES | sell | $7.890 | long |
| 2021-03-05 13:20:23 | EYES | sell | $7.880 | 0 |
Comments
mr_holden
Great trade
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Nice work