Trade Review: FTDR

Support Failed. Exit the Trade.

Setup
20 SMA Support Scanner

Entry
$75.25 on July 16

Stop
Below the technical support level

Result
Sold 100% of the position at $72.23 on July 22 after the stop was triggered

Percentage Realized Loss
4.01%

Position Status
Closed

Lesson
Honor the stop when support fails. Small losses protect your capital and keep you ready for the next trade.