price had ran from 18 to 28 on the daily (~55% move) on the daily without pulling back. I was anticipating a rubberband short. First entry was when I seen price fail at a round number ($28) however, I entered at support and price pulled back and I was stopped out. Entered again when price broke support with a stop above I entered with more shares this time because I was confident about this trade. All the necessary factors for a great trade checked out. Unfortunately, price remounted and I was stopped out again. I would have entered again, but I am practicing with the same restrictions as the ones for clique fund traders ie a $250 max daily loss. My total loss for the day slightly exceed 250 so I stopped trading, as I would if I was in clique, and I missed out on the run I planned for
:( On the bright side, I did pick a great setup which I'm proud of.
Execution detail:
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