One of those stocks you watch
Open
- Was watching many stocks at the open, this one seemed like it had developed a good 5 min candle rejection after the OR and the large topping doji. Seemed like a great break. First entry at the pullback and after several 1 min candles got out. I could have gotten out earlier.
Reflection
- The entry was sound but holding through the subsequent 5 min candles wasn't reasonable and I knew that during the trade. I could have gotten out break even if I wanted to many times.
- 5 min candles are your indicators; you need to be taking them seriously especially after several of them close against you.
- Good work with only holding the first position size.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2023-06-01 09:49:25 | META | sell | $268.460 | short |
2023-06-01 10:02:38 | META | buy | $269.360 | 0 |
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