This trade right here..... Wasn't using my normal trading rig and due to the machine I was on lagging I missed the initial turnaround play. I was able to get in on a 3 bar knowing that I would be battling resistance to make target. I ended up moving my stop up a little past breakeven and got tagged. Stock went on to make 2R about 30 minutes later. That saying of taking a profit is better than no profit is crap on this trade LOL... Had I set stop at break even instead of trying to squeeze a little profit(.25R) I would have hit target.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-05-18 09:42:47 | IQ | buy | $13.830 | long |
2021-05-18 10:07:33 | IQ | sell | $13.895 | 0 |
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