MESU3 Trade on Sep 7, 2023 10:58 from RodrigoBras: Tradervue User Stock Trades.

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RodrigoBras

 

Risk/Stop Loss: -3 points
Target: 10 points (3.3R)
Realized: 0.75 points (0.25R)
Unrealized Before being stopped: 5.75 points (1.9R)

Trade plan: "A move back into 4448 demand, where sellers show effort but are unable to push price lower, could offer a long setup, specially under yesterday's low, where my target would be first 4465-4470."

Confirmations: Buyers defending this 4448-4445 range; Sellers are not stepping in as they previously were; Like the candlestick pattern (Bull flag)

Mistakes: Bad exit on my end, price was clearly failing to hold new highs, so it gave me multiple chances to sell near 4453, but I was hoping that it could be different and price could rally to 4458 and just capitalize on 5 points instead of the 10.

Overall thoughts: Good trade, bad execution, too hopeful that price would break highs despite it was clearly struggling, react don't predict


Execution detail:

Date/time Symbol Side Price Position
2023-09-07 10:58:58 MESU3 buy $4448.25 long
2023-09-07 11:22:27 MESU3 sell $4449.00 0


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