TRADE 33
This was a trade I like and I already had good experiences with. I went long in the pullback at $33.04 at 09:55AM, risking to $32.75. After a good move to the upside I sold at 10:28AM after the stock couldn't get through the resistance level at $33.20. The Trade was good but I didn't set my stop properly. The risk/reward was just poor. That could be a good move2move play. Another thing is, I can't expect a much bigger move in a stock which has just a ATR of $0.82. Usually I like stock which are moving a little bit faster and with a higher ATR.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-02-04 09:55:12 | BP | buy | $33.040 | long |
2022-02-04 09:55:12 | BP | buy | $33.040 | long |
2022-02-04 10:28:07 | BP | sell | $33.100 | long |
2022-02-04 10:28:07 | BP | sell | $33.105 | 0 |
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