Took this trade in hopes of a flat top break out over 242. Got stopped out fairly quickly with the stop under the 9ema. In hindsight maybe should have put stop under yesterdays low. Don't know for sure yet. Small size due to market volatility and my own personal account size risk. Probably going to put off swings until market breadth improves. Not the best entry price either. Was bouncing between 1 and 5 minute charts as I looked for an entry. Lots of room for improvement. On a positive I didn't yolo whats left of my account and am starting to consider position sizing before I make an entry.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-01-07 09:46:00 | AAP | buy | $241.040 | long |
2022-01-07 10:46:00 | AAP | sell | $238.770 | 0 |
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