Went in way too big for where my stop was. Overexcited from yesterday's $600 win. Every day is a new day. Poor process because I should have determined my stop position, THEN used that to calculate how many shares I Could trade. *Will reduce max shares size per trade.
Wanted to sell off half the 1000 shares at my entry price but got the same TOS Rejection msg again that I couldn't short, even though I already owned the shares.
Traded on 1 min chart- Price held above the 9MA for a few candles so I got a good entry but then the 20MA came and pushed the price down below the 9.
*Now I know that the 20MA can be more powerful than the 9MA.
Also, the stock went down from the open so maybe it was more likely to be down for the day i.e. consolidations would break down.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-07-12 09:58:18 | SAGE | buy | $46.650 | long |
2016-07-12 10:14:24 | SAGE | sell | $46.390 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
1 candle pullback not a pullback no setup