Grade=D
P/L= -0.7R
Entry: pullback buy
Result: Stopped out. I could have had my stop a bit wider and been watching to take a small gain or break even. A bit later, the move I was looking for did arrive.
Lesson: Wait to see if there's a second washout. That could be your ticket.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-01-26 09:48:23 | PETX | buy | $3.270 | long |
2016-01-26 10:30:18 | PETX | sell | $3.200 | 0 |
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