Updated
I thought for sure it would bounce!
Well, first official day of full time trading and I lost. I have traded for about 2 years pretty actively. Made hundreds of trades with a very high win rate. I've even done a few full days trading and they always were small wins but I went hard today and the chart didn't do what I thought it should so maybe someone can coach me a bit...
Can anyone tell me what I missed here?
Blue box is my trade. In at 5.55 out at 5.35. 10 cents was slippage on market sell but market was closing and it was too close to the low support for me to feel comfortable riding through a closed day. Why in the world was there no bounce here. Slippage DOUBLED my loss... Something to consider.
Just a fluke maybe. I'm not too worried.... YET
Can anyone tell me what I missed here?
Blue box is my trade. In at 5.55 out at 5.35. 10 cents was slippage on market sell but market was closing and it was too close to the low support for me to feel comfortable riding through a closed day. Why in the world was there no bounce here. Slippage DOUBLED my loss... Something to consider.
Just a fluke maybe. I'm not too worried.... YET
Note
Very glad I sold at the end of the day. Loss would have been huge!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.