Thesis: 2nd attempt to long above premarket highs + prior day high + using recent breakout candle high as a pivot point for re-entry.
Stop: Placed my stop-loss below pivot breakout candle at 425.85 level.
Entry: I have entered position once the price broke above mentioned pivot point.
Targets: 1to1 RR and prior week levels.
Breakeven point: after first profit taking when reached 1to1 RR ratio.
Comments: Size should be bigger.
Lessons: Watch the tape and adjust to breakeven. This trade is a good example why it should be done fast.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2023-09-26 10:44:02 | NVDA | buy | $426.810 | long |
2023-09-26 10:45:42 | NVDA | sell | $427.780 | long |
2023-09-26 10:47:06 | NVDA | sell | $426.920 | 0 |
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!