Analysis: good catalyst with 1st resistance line on $21 and 2nd resistance line on $23
Trade 1: strong momentum, enter at pullback, exit bit early. 4R profit
Trade 2: re-entry at first pullback, failed to form new high. 1R profit
Trade 3: re-entry at second pullback, usually i will short at this point, but believe the catalyst is strong enough to drive price to 2nd resistance line, hence trial long again but disappoint me.. 1R profit
Out of my calculation that the price tank downward, didn't enter short
Discipline Trader – 4 (DT-4)
1. Analysis of daily chart and catalyst ✓✓✓
2. Correct Strategy ✓✓✓
3. Calculating appropriate share sizing ✓✓✓
4. Putting stop loss ✓✓✓
5. Entry at area of value ✓✓✓
6. Appropriate exit x✓✓
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-05-25 09:32:57 | TIGR | buy | $19.250 | long |
2021-05-25 09:37:55 | TIGR | sell | $20.270 | 0 |
2021-05-25 09:53:30 | TIGR | buy | $20.535 | long |
2021-05-25 09:56:09 | TIGR | sell | $20.710 | 0 |
2021-05-25 10:06:54 | TIGR | buy | $20.470 | long |
2021-05-25 10:13:08 | TIGR | sell | $20.660 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!