NQ Trade Idea/Execution/Management

5 mag

Continuation of that buy idea I had previously. Was stopped out in profits after shifting SL.

I am looking for higher prices, however price traded to the NWOG Low and started selling off and failing to go higher, could we be seeing a retracement the remainder of NY session and will likely see the buy take place tomorrow?

5 mag

Trade chiuso: stop raggiunto

As you guys saw, we were stopped out at the reversal of this trade, once price failed to go past 50% of the NWOG.



We caught this trade on the practice account for a profit of over $1,200. Since we only had about 30 minutes left till market close I did not want to rush into another trade.

We took a loss previously on a bad trade which had put us in drawdown, however, with this trade we were able to end the Challenge account at $50,274.68.

Had we taken profits near the 50% of the NWOG we would've been over $50,600.00