Took this as a 60'/15'/10'/5'/2' combo based on a strong morning move. I think in retrospect the fact that the 1st pullback failed to get to a good target, and that the prior pivot low had been taken out, should have told me to avoid this one.
Could have been taken out of boredom as well since I had no other trades today.
The thing I did well on this trade was to trail aggressively as it didn't behave as expected, to limit the loss to only 1/2R.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-10-02 15:30:38 | AMAT | buy | $38.990 | long |
2018-10-02 15:38:55 | AMAT | sell | $38.940 | 0 |
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