NQ Paper Trade Journal

Discussion in 'Journals' started by A2x2, Sep 9, 2016.

  1. A2x2

    A2x2

    Order Entry: Limit 4715.00 (Short), Stop 4715.00, Profit-Take 4704.75, Stop-Loss 4723.00
     
    #41     Sep 13, 2016
  2. A2x2

    A2x2

    Exit 4715.00 [10:58AM]

    P&L: -5.0
     
    #42     Sep 13, 2016
  3. A2x2

    A2x2

    Trade 2: Short 4715.00, Profit-Take 4704.75, Stop-Loss 4723.00 [10:58AM]
     
    #43     Sep 13, 2016
  4. A2x2

    A2x2

    Stop-Loss moved to 4714.75
     
    #44     Sep 13, 2016
  5. A2x2

    A2x2

    Profit-Take moved to 4699.75
     
    #45     Sep 13, 2016
  6. A2x2

    A2x2

    Profit-Take moved to 4694.75
    Stop-Loss moved to 4710.75
     
    #46     Sep 13, 2016
  7. A2x2

    A2x2

    Exit 4710.75 [11:18AM]

    P&L: +4.25
     
    #47     Sep 13, 2016
  8. A2x2

    A2x2

    2016-09-13 Summary

    Daily P&L: -0.75 (2 trades, 1 loser, 1 winner)

    Trade Summary
    Trade 1: Market showed support around the 4720 level, only to sell off rapidly to new lows. Stop-loss should have been tighter.

    Trade 2: Stop-limit entry set close by to flip short to capture downside. Could have exited at original profit-take of 4704.75 for +10.25 had I not moved my profit-take. Had stop-limit order been higher (and closer to tighter stop-loss from trade 1), it would have given me a little more flexibility to move the stop-loss and capture additional profits.

    Mentally checked out by noon today as a new addition to the family arrived! :D
     
    #48     Sep 13, 2016
  9. Gotcha

    Gotcha

    Congratulations!
     
    #49     Sep 13, 2016
    A2x2 likes this.
  10. A2x2

    A2x2

    Thanks!
     
    #50     Sep 14, 2016