Shared by
quanphan135
The set-up: TXN - Relative Strength - Reversal Trend with Market
As soon as hit the bid ADBE, moved on. Seeing market tried to make a reversal. TXN also had strength, trading above opening priced. GO LONG. Scale out, again, getting freak out of a small spike down. Sell the rest position, take a loss due to spread wide.
What I did Right:
Follow my stock in play and pre-market plan
Trade with the trend
What I did Wrong:
I was freak out when having a pull back candle , but there is no reason to sell.
As soon as I sell, stock going up into my target R/R. (Very bad)
Where I could improve:
Trying more calm and patient while holding position. Focus on price action and charts and find a reason if my trade still valid or not. DO NOT CARE ABOUT PnL
Trade grade: C
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-11-03 10:25:27 | 4 NOV 22 155 CALL | buy | $3.100 | long |
| 2022-11-03 10:25:27 | 4 NOV 22 155 CALL | buy | $3.100 | long |
| 2022-11-03 10:25:27 | 4 NOV 22 155 CALL | buy | $3.100 | long |
| 2022-11-03 10:30:22 | 4 NOV 22 155 CALL | sell | $3.450 | long |
| 2022-11-03 10:30:22 | 4 NOV 22 155 CALL | sell | $3.460 | long |
| 2022-11-03 10:36:45 | 4 NOV 22 155 CALL | sell | $2.480 | 0 |
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