SE Trade on Dec 11, 2023 09:47 from Ihor_Horovenko: Tradervue User Stock Trades.

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Ihor_Horovenko

 

Thesis: GoTo and Tiktok agree on E-Commerce strategic partnership to drive the progress of Indonesian MSMEs; Tiktok to invest ~$1.5B in JV with GOTO's Tokopedia; Program launches Dec 12, 2023 to coincide with National Online Shopping Day (Harbolnas).

Stop: Placed my stop-loss below contraction low at 36.65 (Interactive Brokers Chart)

Entry: I have entered position after the breakout candle closed with LMT order did not want to chase the price.

Targets: end of the 1st and 2nd wave.

Breakeven point: was set after 2 minutes. Price came back under 37 level and I have decided to adjust my exit at breakeven having doubts that the price will follow.

Profit taking: -----

Comments: I may need to expect a pullback before the real move starts.

Lessons: I start to see more pullbacks in this trade prior to the real move but at the same time I would often see an exit possibility within the 1st move due to weaker character.


Execution detail:

Date/time Symbol Side Price Position
2023-12-11 09:47:50 SE buy $37.040 long
2023-12-11 09:49:32 SE sell $37.070 0


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