TWLO Trade on May 18, 2018 10:38 from swinging_long: Tradervue User Stock Trades.

"Play to win, not to not lose"

I had this on in my hands and blew it by playing scared. Instead of letting this stock do it's thing, I decided to move my stop to break even since I was having a decent day. By doing so, I missed out on a 10R run.

Execution detail:

Date/time	Symbol	Side	Price	Position
2018-05-18 10:38:48	TWLO	buy	$54.380	long
2018-05-18 10:53:51	TWLO	sell	$54.380	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=TWLO&trade=7456577&end=20180518121751&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=TWLO&trade=7456577&end=20180518160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=TWLO&trade=7456577&end=20180518160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=TWLO&trade=7456577&end=20180518131851&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Louie

2018-05-19 14:10:49

not sure if the motto reflects on good trading behaviour imo because we cant control when the "winners and losers" of a trading system show up.

swinging_long

2018-05-19 14:46:52

@Louie - thanks for commenting and checking out my trade.

While I agree with the idea of random distribution of wins and losses, the issue with this trade Is that I didn’t give the price action any room to breath. Had I given it at least 10c below my entr or to the bottom of the candle of which I entered. which would have been well within my risk parameters, I wouldn’t have been stopped out. Thanks for commenting and checking out my trad!

TWLO Trade on May 18, 2018 10:38 from swinging_long: Tradervue User Stock Trades.

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