Shared by
LMDTrading
My trade management was HORRIBLE today. Traded this stock earlier and after buying too many shares I moved my stop up and took a stop out on a trade that would have hit target plus some. I ended up getting back in the stock on another 5 minute buy setup which was the same set up i had taken earlier. Trade made a nice move and I wasn't expecting it to roll like it did. Made 1.34R off it because trade didn't look good to continue on the 2 minute chart. Only smart move of the day LOL....
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-07-08 12:07:47 | ARPO | buy | $3.000 | long |
| 2021-07-08 12:07:47 | ARPO | buy | $3.000 | long |
| 2021-07-08 12:21:44 | ARPO | sell | $3.160 | long |
| 2021-07-08 12:22:13 | ARPO | sell | $3.111 | 0 |
Comments
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See you made a few attempts at this. I was in it PM a few times. Left it alone the rest of the day. Moved too slow. Focused on DBGI. It was really strong after the catalyst and again at the open. Then faded hard. Wouldn't be surprised if several traders made buckets of money and gave it back on the nose dive.