I'm trying to focus on swing and intraday setups
WATT was moving into daily resistance, and so I decided to take a starter short. I didn't get to add to the short. The markets tanked, and WATT tanked as well. I covered at my targets.
I was willing to risk off the 22.80 level because that is where the biggest resistance area on the daily.
-Take smaller size because WATT could've kept running up to 22
-Understand your risk better, and have better management
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-01-30 15:08:00 | WATT | sell | $19.510 | short |
2018-01-30 15:16:00 | WATT | sell | $19.540 | short |
2018-01-31 14:55:00 | WATT | buy | $18.500 | short |
2018-01-31 15:12:00 | WATT | buy | $18.460 | 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!