a. Inside the PM but pattern looked strong. Nice strong V to the PDL and a weak V on the way up.
b. I was holding onto the position a bit too much. Same for the 3rd target. I had reached past 2:1 and I held the position back to 1:1. Could have just taken some more profit off with a good position. Actually R/R hit 3:1 had I put my 2nd target in the right spot
c. 2nd exit could have been more logical as well
d. Will have to mind that I’ve been not taking too many trades and that I need to watch my mentality. Feel unpracticed for the mental side of being in a trade
e. At the same time, logically we broke strong, there was some unusual buying at the bottom, but it had some clear room for a nice trade if it kept going to the 200.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-03-26 09:39:51 | NIO | sell | $35.750 | short |
2021-03-26 09:42:29 | NIO | buy | $35.220 | short |
2021-03-26 09:44:18 | NIO | buy | $35.080 | short |
2021-03-26 09:48:38 | NIO | buy | $35.750 | 0 |
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