Shared by
sk6345
price had ran from 18 to 28 on the daily (~55% move) on the daily without pulling back. I was anticipating a rubberband short. First entry was when I seen price fail at a round number ($28) however, I entered at support and price pulled back and I was stopped out. Entered again when price broke support with a stop above I entered with more shares this time because I was confident about this trade. All the necessary factors for a great trade checked out. Unfortunately, price remounted and I was stopped out again. I would have entered again, but I am practicing with the same restrictions as the ones for clique fund traders ie a $250 max daily loss. My total loss for the day slightly exceed 250 so I stopped trading, as I would if I was in clique, and I missed out on the run I planned for
:( On the bright side, I did pick a great setup which I'm proud of.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-02-22 09:42:00 | EDIT | sell | $27.290 | short |
| 2017-02-22 09:45:00 | EDIT | buy | $27.750 | 0 |
| 2017-02-22 10:02:00 | EDIT | sell | $27.100 | short |
| 2017-02-22 10:16:00 | EDIT | buy | $27.370 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!