Shared by
mrijod168
TRADE 13
I waited very long at was very patient to join long at the break of $25.00 at 11:01 AM, risking to $24.65. The price was rejected and dropped hard after my entry. That is exactly what I don't like. It's almost impossible to control the risk and it was the only solution to get out as fast as possible. And I did also not a good job related to my exit. Probably it is related to my lack of reading the tape, what I should learn. Anyway after such a big intraday move it is always better to see a small pullback at the HOD and to go long after that, otherwise the probability of a hard drop is to expect and than I have to get out quick. I sold at 11:03AM.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-01-14 11:01:38 | F | buy | $25.120 | long |
| 2022-01-14 11:01:38 | F | buy | $25.120 | long |
| 2022-01-14 11:03:31 | F | sell | $24.880 | long |
| 2022-01-14 11:03:31 | F | sell | $24.880 | 0 |
Comments
manowar41
mrijod168
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24.65 where i would enter, the 25 just add if the price drop below it and stayed above then i would enter