Shared by
ahmad11
Gap & Go Long-Reversal Trade. Long at break of 32 level and adds for the high of day break. Second partial was too soon as it was holding 32.5 level (should've been more patient). Need to do a better job of being patient and letting winners run a bit more. Given that I had sized up, partials decisions were P&L driven, as opposed to technical set-up. Also, had the opportunity to flip position at 33.5 level as it seemed extended (and had good confirmations for reversal set-up) but didn't pull the trigger.
+5.3R
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-05-14 09:54:05 | NIO | buy | $32.090 | long |
| 2021-05-14 09:55:28 | NIO | buy | $32.190 | long |
| 2021-05-14 09:55:51 | NIO | buy | $32.288 | long |
| 2021-05-14 09:57:27 | NIO | sell | $32.480 | long |
| 2021-05-14 09:58:44 | NIO | sell | $32.570 | long |
| 2021-05-14 10:02:30 | NIO | sell | $32.690 | long |
| 2021-05-14 10:05:58 | NIO | sell | $32.840 | long |
| 2021-05-14 10:08:56 | NIO | sell | $32.750 | long |
| 2021-05-14 10:21:48 | NIO | sell | $33.231 | long |
| 2021-05-14 10:44:53 | NIO | sell | $33.470 | long |
| 2021-05-14 10:48:32 | NIO | sell | $33.422 | 0 |
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