MESU3 Trade on Sep 7, 2023 09:49 from RodrigoBras: Tradervue User Stock Trades.

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RodrigoBras

 

Risk/Stop Loss: -3.5 points
Target: 12 points (3.4R)
Realized: -3,25 points (-0.93R)
Unrealized Before being stopped: 0 points (0R)

Trade plan: "A move back into 4448 demand, where sellers show effort but are unable to push price lower, could offer a long setup, specially under yesterday's low, where my target would be first 4465-4470."

Confirmations: Strong absorption

Mistakes: Being too jumpy in entering, should have waited a little more to see the reaction to the absorption; Also bad stop placement

Overall thoughts: Looking back, I shouldn't have taken the trade, although it was super bullish, I couldn't define a proper SL.


Execution detail:

Date/time Symbol Side Price Position
2023-09-07 09:49:03 MESU3 buy $4446.00 long
2023-09-07 09:52:47 MESU3 sell $4442.75 0


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