Second trade of the morning on this stock. First one I moved target from 2R up to 3R on. Trade went 2.2R then rolled over and stopped me out full.
On this trade I got in on what looks like a good setup but I didn't look to the left. Trade went 1.32R and hit resistance to the left, rolled over and stopped me out full. Had I looked left I could have expected for the trade not to run up to target and could have maybe traded for 1.25R. New trader woes.
I did take another trade with an add-on a little later and both those trades hit target so finished up 2R overall for WISH but should have been so much better.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-06-21 10:04:20 | WISH | buy | $12.050 | long |
2021-06-21 10:13:36 | WISH | sell | $11.900 | long |
2021-06-21 10:13:36 | WISH | sell | $11.900 | 0 |
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