support @ 9.93 was holding so once it bounced from it again I decided to jump in for the break of prev high @10.35 (stop 40 cents below). It went down but didn't hit my stop, made higher low and returned back up where I sold for 24c profit which turned out to be too early as it kept going higher after some consolidation.
Lesson here:
An entry followed by the pullback (even though it didn't hit my stop) seems to have a negative effect on my risk tolerance. Once I enter and immediately go into red I tend to sell earlier once it starts going my way. Need to be aware of this psychological pattern
This was a great MA bounce play on 5 min btw
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-12-31 11:40:35 | NTRB | buy | $10.350 | long |
2021-12-31 11:46:07 | NTRB | sell | $10.590 | 0 |
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