The set-up: Flat Top Wedge SCALP
What I did Right: Great Setup, good r/r, sold into volume, got 1R out of trade, great stop loss
What I did Wrong: Sold WAY too fast as this was a potential 3R trade
Where I could improve: Let setup play out and be better about not taking profit so quickly (thin line between waiting too long and selling too quick)
Trade grade: B
-------------------------------------
Entry: 1.50
Stop Loss: 1.47
Trade Management: Okay
Targets: 1.53, 1.56, 1.59
Actual Exits: 1.52 - 1.55
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-11-23 10:15:46 | NMTC | buy | $1.500 | long |
2022-11-23 10:15:46 | NMTC | buy | $1.500 | long |
2022-11-23 10:16:10 | NMTC | sell | $1.520 | long |
2022-11-23 10:16:13 | NMTC | sell | $1.530 | long |
2022-11-23 10:16:20 | NMTC | sell | $1.530 | long |
2022-11-23 10:16:37 | NMTC | sell | $1.540 | long |
2022-11-23 10:16:42 | NMTC | sell | $1.550 | 0 |
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