A few notes on the post mortem for SLCA- - I will need to go to shorter sticks. 1H atr stop losses... in this specific case, a bit steep. In most cases, really. - I’m moving to 15M. Success rate will drop, but the money at risk as a percentage of the position is much more scalable. - it’s slippy out there. Not much I can about that. - I have a couple of course adjustments. Those are good. - resetup an SCLA breakout. Much more intelligent breakout level. -I should have tosses the position after I noticed it wasn’t a breakout. Immediately. I waited until I got stopped out. JV. I won’t do that again. - I also am noticing that breakout trading is like tying 1 hand behind my back. I’m a buy during accumulation phase trader. This is def putting me outside of my comfort zone. I’d love to accumulate CDXC now. If I were to guess, GSM will be the next trigger.
Stopped out of second APPS breakout out. I think I’ll take another bite at that apple with higher levels.
Code: Date Ticker Shares Open Close Realized P/L Unrealized P/L 3/1/2021 SLCA 1000 13.8436 13.2301 -$613.50 3/1/2021 APPS 50 89.13 $0.00 $204.50 3/2/2021 APPS 50 100.4596 97.1624 -$164.86 3/2/2021 EOLS 300 13.1802 $0.00 $245.94