Daily Setup: Day 2, big breakaway
Intraday: Red to Green
Market in r2g, bit late, could've used a stop but it upticked fairly quick. Target @ next whole #, might be too far, yest high approrpiate? Original stop was about half of range, moved to low of second 5, could consider low of 5th 2 minute candle pivot for scalp stop, which is also back to red. 15 minutes in, not a lot of vol, keep it tight, moved stop to 2 minute pivot, 1c below round #, LOD would have been appropriate, but I couldn't risk 65c, LOD was also support from yesterday.
Layers of probability: High relative vol w/ potential for day two.
Entry:Red to green
Stop: half of range from LOD to my entry, moved as stated above
Targets: 24, trail on 5
Successes: Had trade planned and ready at for the move. Clear setup and execution
Areas to improve: Maybe don't move stop, trying to manage risk though. Need to determine when it's ok to move stop and when not to build consistency.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2023-03-08 09:35:00 | PTGX | buy | $23.200 | long |
2023-03-08 09:39:00 | PTGX | sell | $23.900 | long |
2023-03-08 09:46:00 | PTGX | sell | $22.920 | 0 |
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