Shared by:
ToqueX
Grade=C-
The setup: short the bounce
The result: Small gain, then stopped out below entry price
The lesson: I knew this was somewhat risky wich the choppy action here, but I liked my entry. I played it quickly since it was a higher risk play. In this case a little more patience would have paid off. I was watching the price action at 110.00 and probably thought it could hold.
Execution detail:
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