DWTI Trade on Jul 12, 2016 10:39 from MAllum_BOWS: Tradervue User Stock Trades.

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MAllum_BOWS

 

Horrible position sizing even though I went in smaller after the last trade. Didn't consider R:R. Had a good entry at $84.32. Stock was holding in a range and staying above the major price level $84.12. There was even a green candle that put in a wick that was very quickly bought up showing that there were buyers below that price level, so I went long. I thought it would break above the 9MA and I was trying to anticipate and get in early at a low price. Broke down & I got out. Wanted to short, had several good short entries but TOS was Rejecting my short orders. Got in again long in what looked like a range but it broke down instead of going long. Stopped out. This loss is Double my max daily loss.
*I have been feeling more comfortable on the 5 min charts than on the 1 min though so I am getting back used to the 1 min. I did look at the Bid & Ask prices as Paul suggested.


Execution detail:

Date/time Symbol Side Price Position
2016-07-12 10:39:30 DWTI buy $84.320 long
2016-07-12 10:41:12 DWTI sell $83.990 0
2016-07-12 10:56:04 DWTI buy $83.660 long
2016-07-12 11:02:36 DWTI sell $83.260 0


Comments

Gravatar kunal00
2016-07-18 20:15:49
 

no setup..

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