INDO Trade on Jan 28, 2022 09:55 from Justalvarez: Tradervue User Stock Trades.

Strategy: TTG triangle
Entry: 7.26 PHOD
Exit: Stopped out at 7.12
plan: First PT at PM high SL at 7.12
Mistakes: Forced this setup, the original plan was to wait for a clean break of PM high and a pullback. Changed the plan and paid for it, bad trading on my part.
Also, it had already tested this level before which I usually won't play it off of retest

Execution detail:

Date/time	Symbol	Side	Price	Position
2022-01-28 09:55:02	INDO	buy	$7.260	long
2022-01-28 09:55:46	INDO	sell	$7.110	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=INDO&trade=39667895&end=20220128112546&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=INDO&trade=39667895&end=20220128102546&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

joelagnel

2022-01-30 10:19:53

You made a mistake covering. Statistically this had a 3/4 chance of ending the day red. I suggest you look more into statistics to develop your edge.

joelagnel

2022-01-30 10:20:17

Oh I'm sorry, you were long. So I guess you did the right thing exiting...

INDO Trade on Jan 28, 2022 09:55 from Justalvarez: Tradervue User Stock Trades.

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