ARCH strong on opening on news of energy crisis in Europe. BTU share price also very strong. Buy small on opening for swing trade. Sad it swing down immediately. After signs of stabilization, I added to it at 146.64. Got out 50% when breakeven, got out the remaining with a small profit. This is a good swing trade.
What I did Wrong: The first entry was bad. The second entry was good. My majority of the profit is related to the second entry. Brings down the cost. The final exit was close to swing high as well.
Where I could improve: Proper size. First entry on opening.
Trade grade: C
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-09-06 09:34:32 | ARCH | buy | $150.660 | long |
2022-09-06 10:48:16 | ARCH | buy | $146.640 | long |
2022-09-06 11:31:37 | ARCH | sell | $148.720 | long |
2022-09-06 11:58:46 | ARCH | sell | $150.240 | 0 |
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