Trade Journal - COPP.TO, Nov 16 (long)Tracking
Nov 16
+ Went long 10 shares to have exposure to copper for long-term investment.
- Changed mind and did a swing trade on it instead
- Did not enter based on TA
- Would have hit my SL immediately
Dec 15
- Crossed baseline and did not exit position
Jan 10
+ Hit my TP and sold half, moved SL to break even
+ Kept adjusting SL as the TP was hit
Feb 2
? SL was hit, but there is no price data for the day. This might be because it's a low volume ticker or tracks something else
- Traded an asset without understanding it fully
Trades
Nov 16 +10 @ 24.53 (4.95 fee)
Jan 10 -5 @ 27.99 (4.95 fee)
Feb 2 -5 @ 28.19 (4.95 fee)
Net: +$20.75
Outcome
Poor. This trade was entered without following TA, and the purpose of the trade (long term) was changed. It later crossed my baseline and I did not exit the trade. Need to define an exit signal on future trades. The symbol was also traded without full understanding of how it tracked the underlying assets.
