Shared by
walden
Worst trade of the day. Did not lose much but hurt my confidence badly. Added to MSFT at a period of consolidation. After two small bottom, scale in to double my usual size. MSFT then breaks one more time, before having a big rally. My position was stopped out, and the stock almost rally immediately afterwards.
What I did Right: Stop too tight.
What I did Wrong: I double my usual size so the stop loss was tight to control risk.
Where I could improve: Maybe smaller size and wider stop.
Trade grade: Fail.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-07-08 12:48:33 | MSFT | buy | $265.610 | long |
| 2022-07-08 12:49:39 | MSFT | buy | $265.740 | long |
| 2022-07-08 12:55:12 | MSFT | sell | $265.530 | long |
| 2022-07-08 13:00:51 | MSFT | buy | $265.460 | long |
| 2022-07-08 13:04:20 | MSFT | sell | $265.170 | 0 |
| 2022-07-08 13:08:37 | MSFT | buy | $265.720 | long |
| 2022-07-08 13:14:28 | MSFT | sell | $265.910 | 0 |
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