Shared by
Ihor_Horovenko
Thesis: strong earnings report with triple beat. Gap over 8% with RVOL close to 100. Gets above PM high within the 1st bar.
Stop: Placed my stop-loss above the breakout bar.
Entry: I have entered position once the breakout bar closed above the PM high.
Targets: 1to3 (at least)
Breakeven point: -----
Profit taking: -----
Comments: I have used 2x size than needed. I have recently agreed to risk 0.3% in all of my opening drive plays, but this one had a risk of about 0.45%. This mistake made me partially exit position.
Lessons: I have to control my risk better.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-11-21 09:31:06 | DKS | buy | $133.820 | long |
| 2023-11-21 09:31:07 | DKS | buy | $133.670 | long |
| 2023-11-21 09:32:01 | DKS | sell | $130.920 | long |
| 2023-11-21 09:32:21 | DKS | sell | $129.630 | 0 |
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