The set-up: Flat Top Wedge HOD SCALP
What I did Right: Good setup with entry and SL, attempted to sell at 4.95 and didn't get the sell, as soon as candle fell to b/e I got out to manage risk
What I did Wrong: Could've potentially held through the pull back since it DID get back up to 1R, what I really should've done was start selling just under T1 when I realized momentum was weakening
Where I could improve: Continue practicing patience and understanding that scalps can die off pretty quickly, start getting out when there is apparent weakness. Can practice leaving half risk on the table if I believe it could still run
Trading on news? Y
Trade grade: C+
-------------------------------------
Entry: 4.90
Stop Loss: 4.87
Trade Management: Good
Targets: 4.95
Actual Exits: 4.91
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2023-01-05 10:59:21 | VRAY | buy | $4.910 | long |
2023-01-05 10:59:21 | VRAY | buy | $4.910 | long |
2023-01-05 11:08:56 | VRAY | sell | $4.912 | 0 |
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