This trade - my sense about the trend was right. But I got shaken out on a pullback. It pulled back and stopped me out - and went $.30 and then went in the direction of my thesis.
How could I have managed this better?
Maybe take half size/half risk - with a stop beyond the 200. My plan is to add on the pullback or get out on claim/break of 200. But if it were to run - then the plan would be to partial as if it's a full position.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2023-02-22 09:34:50 | META | sell | $171.370 | short |
2023-02-22 09:39:10 | META | buy | $172.500 | 0 |
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