Shared by
walden
The set-up: First trade is a trend reversal. Entered at 150.5, as NVDA appears to consolidate at 150 level and breakout. Eventually it went back down and got stopped out at 149.5. Tried my luck again at 10:45, when NVDA appears to breakout from 149 level. Added more when there is more consolidation. This added to my nerves as NVDA lately costed me money. Sold 50% on signs on rebound.
What I did Right: The second trade entry level was nice. Multiple candles consolidating at the level. Scale in.
What I did Wrong: First trade, the stop should be tighter. Second trade the first exit was a waste.
Where I could improve: When there are signs of breakout. Wait another 30s or 1 min.
Trade grade: C.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-06-30 09:59:13 | NVDA | buy | $150.547 | long |
| 2022-06-30 10:04:52 | NVDA | sell | $149.515 | 0 |
| 2022-06-30 10:45:56 | NVDA | buy | $149.080 | long |
| 2022-06-30 10:48:39 | NVDA | buy | $149.120 | long |
| 2022-06-30 10:49:32 | NVDA | sell | $149.220 | long |
| 2022-06-30 10:53:22 | NVDA | sell | $150.045 | 0 |
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