Jump to content
Mark D.

Mark D. Day Trading Journal - Live 2019

Recommended Posts

On 5/4/2020 at 1:19 PM, Mark D. said:

Screenshot_1.png.ae0f827bfb056b8faaef877c1f6f7c0c.png

 

Screenshot_5.png.c424c551aa43a327477950422b8f347a.png

Looks like you got out at the perfect time. Why didn't you exit at 2R? What happened at 3R that made you think that it was finally time to get out? I'm guessing you saw that last bullish candle dip its toe over that green level and start to go down and that's when you exited? Then the candle appears to have gone up a bit more after your exit and then finally closed above your exit.

Great trade btw!

  • Like 1

Share this post


Link to post
Share on other sites
1 hour ago, JasonH said:

Looks like you got out at the perfect time. Why didn't you exit at 2R? What happened at 3R that made you think that it was finally time to get out? I'm guessing you saw that last bullish candle dip its toe over that green level and start to go down and that's when you exited? Then the candle appears to have gone up a bit more after your exit and then finally closed above your exit.

Great trade btw!

Thank you! I've noticed that 90% of my trades that go to 2R end up going to 3R so I've been pushing myself to try for 3R as long as there's not a resistance level. I had limit order set at 3R so it got filled on the way up. Just coincidence that it reversed of the high of premarket 

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.