Went back to the well and scalped another .75R before I shut it down. Because the stock was in an uptrend I got in VERY aggressively with a wide stop loss. Even with the wide stop trade got up to 1.64R and actually would have hit target had I stayed in the trade(Moved stop up to capture needed profit and got tagged). Really was just trying to get a total of 2R out of this trade and the previous trade I took on the stock which I did.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-05-20 13:29:00 | UONE | buy | $8.690 | long |
2021-05-20 14:22:05 | UONE | sell | $9.070 | long |
2021-05-20 14:22:05 | UONE | sell | $9.060 | 0 |
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