I have been holding tight for an opportunity to come. TRV was one of my favorite after the opening cause way really really weak. He didn't disappoint me. I was just aiming for a full move by the SPY retesting the 246$. Unfortunately the SPY needed longer to drop but TRV got out of watch cause took almost everything back once the SPY started his way up.
I am pretty satisfied about entry and stock selection but not for the way I have handle the trade in the first part. When I have understood it it was already too late, I have tried to add at the position but my next profit target was 1$. At 1$ I had only one share left, that's why I was aiming for the whole movement.
A big point to improve here: TRADE MANAGEMENT
01/19/2018
Take 1: 117.15
Take 2: 117.05
Take 3: 116.95
The first wave down after my entry should have given me first target at 117.15
There in case the trade would have stayed still open the stop target would never have been triggered. BTW I would have close other half at 117.15 and let the rest break even. Total profit: 1.11$
The same as the one I have achieved but that approach doen't give me any opportunity to spot a good movement.
01/28/2019
I have to trade the chart and not the P/R
If the price reverses just close at least on the first target, who cares....
06/08/2019
Jesus, thanks god I have changed attitude since this review made on January and started to lock in profits 3, 4 times higher then my risk
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-01-02 11:25:42 | TRV | sell | $117.450 | short |
2019-01-02 11:34:59 | TRV | buy | $117.309 | short |
2019-01-02 11:35:05 | TRV | buy | $117.350 | short |
2019-01-02 11:35:13 | TRV | buy | $117.360 | short |
2019-01-02 11:36:07 | TRV | buy | $117.230 | short |
2019-01-02 11:37:32 | TRV | sell | $117.130 | short |
2019-01-02 11:56:45 | TRV | buy | $117.030 | short |
2019-01-02 11:57:31 | TRV | buy | $116.960 | short |
2019-01-02 13:27:22 | TRV | buy | $117.180 | 0 |
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