Shared by
walden
I was trying to short AAPL on the way down. The first try failed immediately and quickly cover. The second try is successful with inverse hammer and double top. But this trade was only 1/2 the size of the first try. So still lose money.
What I did Right: The second double top is a much better short entry.
What I did Wrong: The first one is just guessing.
Where I could improve: The first one is just trend following, which hardly works. Higher probability setup is more important.
Trade grade: Fail.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-07-20 09:43:47 | AAPL | sell | $151.230 | short |
| 2022-07-20 09:46:52 | AAPL | buy | $151.589 | 0 |
| 2022-07-20 09:53:03 | AAPL | sell | $151.395 | short |
| 2022-07-20 09:53:38 | AAPL | buy | $151.220 | 0 |
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