MLNX Trade on Jan 30, 2019 09:38 from Gideon23: Tradervue User Stock Trades.

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Gideon23

 

This trade was considered to be successful due to the fact that the trade plan was executed in its entirety

During this trade, I worked hard to make sure that I kept to the trade plan. This allowed me to take advantage of the range of movement that the trade moved. I did notice one thing and that was that I should have paid close attention to the location of the major moving averages. My final profit target happened to fall directly on top of the 200-day moving average.

I will continue to listen to Mark Douglass and execute a series set of 20 trades focusing on one of my edges. This was trade 1 of the series.

Lot Size: 100
Tech Stop: Close above the range
Max Loss: 86.91
ATR: .81
PT 1: 85.09
PT 2: 84.96

Update Review:

Even though this was trade 1 on the lot, it was not proper execution of the trade. I did not enter on the close of the 5-minute candle rather I entered well into the second 5 minute candle.


Execution detail:

Date/time Symbol Side Price Position
2019-01-30 09:38:41 MLNX sell $86.000 short
2019-01-30 09:46:44 MLNX buy $85.090 short
2019-01-30 09:48:15 MLNX buy $84.960 0


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