The set-up: Second day TT
What I did Right: Good stock choice. My trade was well prepared.
What I did Wrong: My stop was too tight. It was based on the pre-market support.
Where I could improve: I should replace my SL at the low of the day and I should adjust my position sizing in consequence.
Trade grade: 2/10
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Big-picture: QQQ and XLY were strong for the day.
Trade parameters: Max R = 100$
Entry:was lagging with my system with TraderView. I change my tools for better executions,
Trade Management: I tried to reenter after my shake out but the lag execution was so poor the I prefer stop trading to not chase the price.
Exit: SL execution respected.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2023-04-11 09:33:24 | RIOT | buy | $11.140 | long |
2023-04-11 09:45:39 | RIOT | sell | $10.900 | 0 |
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