🧩Situation🧩 Market makes a 10:15 A-UP I go long above 4160
💭Self-Talk💭 Price stalls and builds at 4160 and then reverses and stops me out. I size up after taking two earlier losses believing that I could get some upside flows to knot up the day. This was a huge loss that began the spiral. There is no situation at this point in the year I should be taking a -1212 loss. This trade should have been sized at 1-2 contracts and let the odds play out through the day.
⚙️What could I improve?⚙️ I was sized up focused on P+L
🛠️5 Trade Components🛠️
1. Setup A-up 10:15
2. Entry A-up confirmation
3. Management Stopped out at risk on the breakout candle
4. Exit Exited at stop way oversized.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2023-02-14 10:15:07 | MESH3 | buy | $4167.25 | long |
2023-02-14 10:35:07 | MESH3 | sell | $4143.00 | 0 |
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