Shared by
MysteryToken
Notes: HUSA got my attention from the pre-market. SPike up at the open so I bought in at the top of the first candle, immediately flushed. HUSA tested support at $7 while bouncing off 100EMA.
I have to remember to give $0.03 to $0.05 of wiggle room when stocks are testing support or resistance levels.
I didn't prepare for this stock, no price levels were drawn, another impulsive purchase. If I at least analyzed support levels, my chances of staying in the trade would be higher.
Another missed opportunity for profits. Do better.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-06-14 06:31:11 | HUSA | buy | $7.398 | long |
| 2022-06-14 06:33:30 | HUSA | sell | $7.020 | 0 |
Comments
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Ive had happen to me, what has happened to you several times. 1st one minute candle has to be an ever quick scalp. I dont think you will be able to attack the first one minute candle with think or swim. you need quick hotkeys. buy your shares, set an immediate profit target avg bot price +10cents, and if it doesnt it, bail on ask or bid asap. i think that first one minute are for those that can go in and out in less then 10 seconds.