This was an awesome trade
I got in on the break below the 5 minute high and set my profit target based on the ATR. I have resolved to ensure that I attempt to get 2 to 1 on each trade that I take. in this case the stock moved close to my stop and then reveresed. Of course I wanted to take the trade off but the same thing happened to me on Friday when I took off the trade and it ended up moving my way. I will keep attempting to take the 2 to 1 move instead of focusing on simply taking the profit. I entered this trade on the 5 and worked to manage it using the 2. This is the way that I enjoy managing my trades on the open.
To the next one!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-03-04 09:40:36 | EA | sell | $97.584 | short |
2019-03-04 10:16:05 | EA | buy | $97.750 | 0 |
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