
Took this trade in supply, but price action decided to base. Buyers were just stronger than sellers at this level. I should have looked for a stronger reaction and I probably could have cut my losses a little quicker, but I was really trying to give the zone time to work. I did good cutting the loss when it reached my stop out level. First red trade out six this month isn't a bad average. Good lesson learned on waiting for better confirmation.
Broker:TDAmeritrade
| Date | Price | |
|---|---|---|
| Entry | 12/15/2020 | 2.46 |
| Exit | 12/15/2020 | 2.23 |
- Total Views71
- Position Size1
- Percentage-9.35%
- Option TypeCALL
- Strike367.0
- Expiration12/18/2020
Copy and paste the following into your page or blog. If using WordPress, you must paste this in the HTML tab only: