This is basically the same trade as what came before it. After a strong engulfing candle I hopped back in as the tape began to speed up, I was targeting highs. However, I hopped in on two full units, definitely a no no. I should have kept my sizing consistent and I should not have cut it so early on. The scratch made sense in the moment but I still don't have a good enough read on the market to scratch appropriately so I should focus on gaining experience first and letting the trade do the work.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-05-25 10:44:10 | MESM2 | buy | $3967.00 | long |
2022-05-25 10:44:13 | MESM2 | buy | $3966.75 | long |
2022-05-25 10:45:18 | MESM2 | sell | $3968.25 | 0 |
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