$TSLA - Trade Exit
(2020-11-23, 08:53 PM)isatrader Wrote: The $TSLA trade continues to work, and I took another 1/3 profits in $TSLA at 524.64 bid (+16.89%).The remaining 1/3 is still open with average price of 451.81 and I moved the stop loss to protect a +10% gain at 496.99, so the worst it can do now, baring a gap down through the stop is a +12.02% average gain, which would be a +2.22% gain for the account. So pleased with the quick trade in this, as only entered on Nov 17.
Sold remaining 1/3 in $TSLA at 540.11 for a partial gain of 20.34%. Average gain on full position was +15.23%, which is +2.82% for the account. Here's the marked up 2 hour chart of the full trade and how I scaled out (took profits) in the position.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.