Tracking
Nov 14
+ Went long 2 shares to have exposure to gold for long-term investment.
- Changed mind and did a swing trade on it instead
- Did not enter based on TA
- Stoploss was hit and did not exit position
- Did not have an ideal amount of risk for this position (position size too small)
Dec 1
- Hit TP and did not scale out
Dec 12
- Crossed baseline and did not exit position
Jan 24
? Trade is being actively maintained. If TP is hit, will move SL up. If SL is hit, will exit position. Not ideal position management, but it's become profitable so we can let it ride - this time.
Trades
Nov 14 +2 @ 164.78 (4.95 fee)
Outcome
Ongoing, but poor. Did not follow any rules whatsoever. Same issues as trade with
COPP
, see link.
Nov 14
+ Went long 2 shares to have exposure to gold for long-term investment.
- Changed mind and did a swing trade on it instead
- Did not enter based on TA
- Stoploss was hit and did not exit position
- Did not have an ideal amount of risk for this position (position size too small)
Dec 1
- Hit TP and did not scale out
Dec 12
- Crossed baseline and did not exit position
Jan 24
? Trade is being actively maintained. If TP is hit, will move SL up. If SL is hit, will exit position. Not ideal position management, but it's become profitable so we can let it ride - this time.
Trades
Nov 14 +2 @ 164.78 (4.95 fee)
Outcome
Ongoing, but poor. Did not follow any rules whatsoever. Same issues as trade with
COPP
, see link.
Trade active
Trade closed manually:
Had a Stop/Limit set for 177.00 as in the chart above. Was set incorrectly and did not execute on gap down (stop and limit prices were at the same level). Had to manually sell market price at 173.50. If this was a forex trade, it could've been disastrous. Had set an alert for price breaking upwards out of the channel, but not the bottom.
