Shared by
war7056
A Quality Set-up!
Crazy trade 110 to 123.50 in 5mins RSI above 87
Nice way to stay relaxed during 7pt spike against you.
Must do a better job at respecting STOP AREA. Stock had low volume with huge spreads, made it hard to management. STOP wad 1.17 and You watched when 1.35 level was holding ( MUST GET OUT IF LEVEL IS HOLDING)
Scaled into trade, nice job recognizing that stock had spiked into previous close resistance, which allowed for you to scale in at higher price. Nice trade management.
Could have done a better job scaling out, you missed two huge opportunities to capture $1.64 and $2 profit.
5 out of 10 on trade.
Poor risk management around stop area and poor profit taking __
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2018-11-09 09:31:00 | TTD | sell | $116.181 | short |
| 2018-11-09 09:33:00 | TTD | sell | $119.072 | short |
| 2018-11-09 09:34:00 | TTD | sell | $121.970 | short |
| 2018-11-09 09:47:00 | TTD | buy | $118.060 | 0 |
Leave a comment about this trade!
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!