-The overall market was weak on open, sat on hands.
-Picked up near the end of day
- Breakouts were strong though. Didn't see them fading like yesterday.
- Chased because it was a 5+ star setup
-Stop 111.26, tight stop, not ideal, likely to get stopped out.
Need to set alerts to get into stock as they break out.
- Edit: Moved to stop back down to opening day lows as per the trading plan. The loss will be bigger but better to stick to the plan.
- Should not have chased, skewed risk-reward is a result of chasing. DO NOT CHASE
Painful Lesson
- Chased, then punished myself by placing a stop at the right place rather than close.
- Will not chase again.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-03-17 11:41:05 | FLGT | buy | $117.600 | long |
2021-03-19 10:02:01 | FLGT | sell | $102.620 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!