Initially entry was great but my second entry got me shaken out and i lost most of those gains after it broke the trend line.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-12-09 14:29:30 | DUST | buy | $55.260 | long |
2016-12-09 14:39:14 | DUST | buy | $55.400 | long |
2016-12-09 14:43:00 | DUST | sell | $55.860 | long |
2016-12-09 14:43:56 | DUST | sell | $55.860 | long |
2016-12-09 14:47:30 | DUST | sell | $55.400 | 0 |
2016-12-09 15:04:59 | DUST | buy | $55.188 | long |
2016-12-09 15:06:07 | DUST | sell | $55.030 | long |
2016-12-09 15:06:20 | DUST | sell | $55.010 | 0 |
Yes it was, while i was trading it looked like a consolidation but upon further review the move happened after a run up. Thanks for the feedback.
ur initial entry needed to be well before 55 so ur about 30 cents to late.. the 2nd sell also don't sell at round numbers where old breakouts were 55 is gonna be support
ur close on this the remnants of a good trade are there. just need to fine tune things
Yes this is a trade that I can build on my initial entry should've been 54.70 but i was caught analyzing & then i got FOMO and thought the 55.30 entry was good because it kept going up but in reality it was a chase. Thanks again for the feedback!
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looking at the 5 min, looks like you chased it a bit on your first entry