Shared by
yoosh-simulator
This was my second attempt at playing this pattern as my first attempt was badly mistimed.
My plan says that if TLSA break LOD it is okay to trade this strategy in the direciton of the trend.
I did that, however we chopped around $656 to $651 for nearly 1 hour. In that time I trimmed my position to avoid taking a full R on the trade. Ideally a good trade works straight away. When it doesn't it is easier to get out.
-0.67R
Annoyingly if I had just stuck to my risk level, I would have made 1.2R on this trade. This has happened twice now.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-06-16 10:49:54 | TSLA | sell | $652.660 | short |
| 2022-06-16 11:08:08 | TSLA | buy | $652.410 | short |
| 2022-06-16 11:12:35 | TSLA | buy | $656.640 | short |
| 2022-06-16 11:17:24 | TSLA | buy | $654.680 | 0 |
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