RWLK Trade on Feb 13, 2019 09:38 from MattJMcGraw: Tradervue User Stock Trades.

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MattJMcGraw

 

Should have played line to line. Buy at support and sell at resistance. I had the setup and didn't act on my rules. I watched as my perfect entry walked right past me becuase I was too afraid of taking a risk. So, what did I do? I chased and was looking for it to go higher, I took an even bigger risk. Sure, it went higher but when it did I didn't sell. And of course, when I went to sell I was having trouble executing the sell. I need to learn more about stop limit orders and hard stops. What could have been a great trade turned into a losing trade, because I chose not to follow my own rules and I wasn't confident in myself.

But, on the positive side, I used half size because my entry wasn't where I wanted, and I did buy off the bounce of the 13ema.
The goal of this trade was to buy at .34 and sell around .37 risk off .33
The setup was there but the mindset was not.


Execution detail:

Date/time Symbol Side Price Position
2019-02-13 09:38:29 RWLK buy $0.3590 long
2019-02-13 09:48:25 RWLK sell $0.3509 0


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