had a stop loss set to max loss of $50. Must have not set it correctly.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-01-15 10:30:02 | CNC | buy | $60.990 | long |
2016-01-15 10:34:50 | CNC | sell | $60.530 | 0 |
Yes I was in too big a hurry to trade this morning and should not have taken that position. I set a stop loss max my loss at $50 but I must not have done it correctly because it did not stop me out. I've been trying to find my fit for the last few weeks on sim trading. Today and going forward thru January, my focus is the correct entry point and trading the the way Kunal taught us to trade. If I wait for the correct set up before I take a trade, I will make money.
And thank you for commenting on my trades...when I look back at them, you are always correct.
Regards, Bart
hey bud this trade that first bounce is a short spot u can't long it there
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Daily setup appears to be a short setup. Intraday pattern made a lower high for a short entry spot, rather than a long.