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Choppy Trading from my side but overall a green day

A lot of choppy trading (from my side) today on $PFE. Violated some rulesErrötetes Gesicht. Due to my good Risk Reward Ratio and my tight SL, as well as my add on the last trade nevertheless ended the day fairly green. I can’t stress enough the importance of good risk management!

 

  • #1 For a breakout (-1R)
  • #2 Looked like it's coming back up again so I tried with a tight SL (-0,7R)
  • #3 For a breakdown with again with tigth SL (-1R)
  • #4 Same as #3 (-0.8R)
  • #5 Finally worked out. Entered at the previous highs as it looked like a rejcetion with extremly tight SL. After coming down I added another 1R into the trade and brought my SL to the first entry so my overall risk stayed at 1R. Partialed all the way down for a total of ~5.8R