Shared by
Beckboy5
The set-up: Flat Top Wedge SCALP
What I did Right: Good setup (dragonfly dojis to support strength), good wedge for scalp, good selling at top, good SL, protected profits
What I did Wrong: Bad entry (Cannot afford slippage on a scalp, ruins r/r)
Where I could improve: On scalps, Stop Buy and Limit should be the same
Trading on news? Y
Trade grade: B
-------------------------------------
Entry: 1.48 (1 cent slippage)
Stop Loss: 1.44
Trade Management: Decent
Targets: 1.50
Actual Exits: 1.50, 1.51, 1.48
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-11-29 10:30:08 | NRXP | buy | $1.480 | long |
| 2022-11-29 10:44:18 | NRXP | sell | $1.500 | long |
| 2022-11-29 10:44:21 | NRXP | sell | $1.500 | long |
| 2022-11-29 10:44:46 | NRXP | sell | $1.510 | long |
| 2022-11-29 10:44:46 | NRXP | sell | $1.510 | long |
| 2022-11-29 10:45:14 | NRXP | sell | $1.510 | long |
| 2022-11-29 10:45:34 | NRXP | sell | $1.510 | long |
| 2022-11-29 10:49:39 | NRXP | sell | $1.480 | 0 |
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