+1.2R
Trade Plan
Risk (cents): ------------------ 5
Risk (absolute, USD): ---------- 20
Average Price: ----------------- ca. 3.90
Stop Price: -------------------- ca. 3.95
Target Price: ------------------ ca. 3.75
Reward to Risk (cents): -------- 15/5
Reward to Risk (factor): ------- 3:1
Things well done: -------------- Solid entry
Mistakes: ---------------------- Took first part/piece (50%) off too soon
Lesson(s): --------------------- Was a little uncomfortable with size
For that reason, I took off 50% quickly
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-01-29 10:04:17 | SXC | sell | $3.900 | short |
2016-01-29 10:04:17 | SXC | sell | $3.900 | short |
2016-01-29 10:04:43 | SXC | buy | $3.850 | short |
2016-01-29 10:04:43 | SXC | buy | $3.850 | short |
2016-01-29 10:08:27 | SXC | buy | $3.700 | short |
2016-01-29 10:08:27 | SXC | buy | $3.700 | 0 |
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