Timeframe: 2'
Strategy: CHASING
Valid Trade: NEGATIVE
P/L: -1R
Notes:
I have to get the CHASING out of my playbook. Trade went almost 1R before rolling over. Had I had proper expectations based on the entry, when it pulled back and didn't set a new high I should have exited there and captured that profit... As a new trader the one good thing in reviewing is that I can see the trade after the fact and play it out in my head.
All about reality once in the trade and not about pre-entry expectations.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-10-04 09:44:46 | BTU | buy | $17.450 | long |
2021-10-04 09:58:52 | BTU | sell | $17.130 | 0 |
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