F Trade on Dec 3, 2021 15:47 from tjmiller2001: Tradervue User Stock Trades.

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tjmiller2001

 

Bought the dip here. Ideally, my account is bigger and I set GTC orders to buy lots of shares at 19 and sell lots of shares at 21

12/10 Exit: Great trade, over 10% in 7 days. Bought at support and sold on the breakout over resistance. Issue here was position sizing, I didn't buy many shares at all so I made no money despite my thesis working out.

I didn't have faith in F moving up by a large amount. In the future, I should come up with position sizing rules.

Just because I have a small account doesn't mean I should avoid following a system. Once this account is at $50,000 I don't want to just be randomly deciding position sizing by conviction. I need to have better rules to manage my money like a professional.


Execution detail:

Date/time Symbol Side Price Position
2021-12-03 15:47:02 F buy $19.046 long
2021-12-10 15:52:53 F sell $21.460 0


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