I was focusing on TSLA and AMD today. Open snuck up on me as I was tweaking my charts. I missed the drop of TSLA to S4 for a CAM trade, felt I missed the boat and got in at VWAP break. Trade went South and I got stopped out. I really did not set a stop loss price. I was working off of P&L loss for a $50 loss to designate Stop. I need to set the Stop before or at entry.
Bad entry, good management.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2024-01-16 09:30:56 | TSLA | buy | $215.200 | long |
2024-01-16 09:31:12 | TSLA | sell | $214.890 | 0 |
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