Technicals: Traded the open and entered the trade at 14:02. I entered Long 1 with 1 contract as I was feeling unsure about the move since Keith seemed to think we were going down. I immediately realise my stop was too far away from the blue line and started to panic, wondering if i should increase my stop to protect my trade but did not.
Outcome: Stooped out at 78.38 when the low of the candle was 32. I lost $160 when I could have made 280.
Post mortem: Should have waited an extra minute for the pullback to be complete and as close as possible to LoD 78.23.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-11-29 14:02:36 | CLF3 | buy | $78.54 | long |
2022-11-29 14:04:10 | CLF3 | sell | $78.38 | 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!