Trade#5: ABCD Strategy.
As I see Pt.A with incoming buyers' high volume, I awaited for the ABCD strategy to form. At pt. C when green candle is completed, I should have taken a trade right at the top wick of the red candle around 1023hrs. Instead, I was slow to the game, only enter trade towards end of 1024hrs. Also, my attempt to partial at 1030hrs at the top of candle impacted the gains. Exit trade too early at 1035hrs due to fear of losing the game.; otherwise, could have gain another $0.45/share, which is almost equivalent to 2Rs. I need to practice in "DAS Replay," maybe it can help reduce FOMO and fear of losing.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-01-31 10:24:09 | AAPL | sell | $173.220 | short |
2022-01-31 10:30:04 | AAPL | buy | $172.630 | short |
2022-01-31 10:35:32 | AAPL | buy | $172.770 | 0 |
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