Shared by
investedfuture
In hindsight I didn't give this quite enough wiggle room as it has dropped further than 20 cents on one 1 minute candle. However, correctly identified an area for a potential trend line play but was stopped out according to my initial risk parameters - actual low was only 4 cents away. Good discipline in honoring my thesis and stop and moving on to the next play. However, this ultimately climbed to about 59.75.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2018-05-31 10:16:29 | MU | buy | $59.140 | long |
| 2018-05-31 10:19:05 | MU | sell | $58.890 | 0 |
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