Shared by
nzj256
Date & Time 2021-03-18 12:49:26
Account Margin
Setup : 5 SMA
Trigger: Moring pull back; expect reversal 2 days high to low after 5 sma.
Trend With daily trend
Setup Pattern Time Frame: 5 min
Quantity : 45
Initial Risk 430
Primary Confluence : NONE
Compliance Factor: Yes
Result : Win on 2 3rd of position but still in trade for 1/3
ERROR Reason: Stop placement on last third. Should have move to 1r.
What I learned or could do better: Protect all of your profit. Tighten last piece to 1 R
What I did right: When I noticed the big drop; I did not sell near support / demand.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-03-16 10:30:04 | XME | buy | $40.220 | long |
| 2021-03-18 11:31:00 | XME | sell | $41.740 | long |
| 2021-03-18 12:49:26 | XME | sell | $41.610 | long |
| 2021-03-19 09:32:14 | XME | sell | $39.780 | 0 |
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Date & Time 2021-03-18 12:49:26
Account Margin
Setup : 5 SMA
Trigger: Moring pull back; expect reversal 2 days high to low after 5 sma.
Trend With daily trend
Setup Pattern Time Frame: 5 min
Quantity : 45
Initial Risk 430
Primary Confluence : NONE
Compliance Factor: Yes
Result : Win on 2 3rd of position but still in trade for 1/3
ERROR Reason: Stop placement on last third. Should have move to 1r.
What I learned or could do better: Protect all of your profit. Tighten last piece to 1 R
What I did right: When I noticed the big drop; I did not sell near support / demand.