Long NASDAQ-100 (virtual)
Net P/L:
+6.00 points
Amount: 1 contract
Opening Rate 5835.15 (5833.15 actual, but spread)
Close Rate 5841.15
Open time 7/18/2017 3:45 PM
Close Time 7/18/2017 3:58 PM
Stop loss: fixed stop below lowest low
Entry and exit on a 1m chart
Reason of closure: trailing SL got hit
Comments
Virtual trade because I was a tad too late to enter this trade and I don't like to be late because price can move a lot in a short time (however in this situation it would have still been ok). Anyway, I said to myself let's say I entered a position at that price (cause my setup had been triggered).
While the trade was going on I noticed an S&R level forming around 5840.00 so I put a trailing SL in place there. If I had not done that there but waited for the 5845.00 level I would have had a lot more profit, but that was what I was thinking at the time so we have to be honest and not skew this trade into the positive direction. The highest point reached 5843.78 (without triggering my trailing SL) and then went down more than 2 points triggering the trailing stop loss, which is set at 2 points which makes the close rate 5841.78 but to make it easy for me (and be pessimistic) lets say 5841.15. That makes for an even 6.00 points profit.