Gorgeous gapper over F/T daily. Missed run so waited for P/B but HAD THE VOLUME showing this move was real. Stop -.50, Target +3 and swing rest due to daily and opening volume drive.
AGAIN, micromanaged and was too zoomed in and concerned on outcome. I need to keep the macro picture in mind on all T/F. Great lesson on sticking to plan as 30min chart was/is smoking hot!!!
+ Reinforcement on vehicle selection, chart setup, and entry. Now need to focus on primarily LETTING THE TRADE DO ITS THANG!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-10 10:13:22 | TSLA | buy | $192.370 | long |
2014-02-10 10:23:24 | TSLA | sell | $193.400 | 0 |
I see now that you have a chunk left as a swing -- awesome!! Might it help / have you experimented with scaling out your "day trading" shares after your first target? For example, instead of doing the full sell like you did, take your partial and then let a bit ride into the next level of resistance? Just an idea -- but this trade was great!
Sick entry! I have the same issue. I tend to not let it run it's course but I have been trying to give some wiggle room even after profit (as long as the entry is perfect)
Charles - absolutely no reason. I'm working through micromanaging and have no legitimate reason to sell like i am prematurely of my target.
As im falling asleep drunk on red wine from vday. I realized we need to treat our sell just as import ant as our buy. Because it is. The entry is only half the battle. We should analyze and execute out exit just as much as we do the entry
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Cahones!! That entry!