Shared by
markriehm_BOWS
Trading emotionally at this point. Trying to "make something happen".
In post mortem, I observe that GPRO was flagging between the 20ema on the bottom, and the VWAP at the top. The pressure was downward, and it broke down just before 10am. While this may have been a "flag", it was definitely not a rational long setup.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-07-03 09:52:17 | GPRO | buy | $44.000 | long |
| 2014-07-03 09:55:56 | GPRO | sell | $43.750 | 0 |
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Trading emotionally at this point. Trying to "make something happen".
In post mortem, I observe that GPRO was flagging between the 20ema on the bottom, and the VWAP at the top. The pressure was downward, and it broke down just before 10am. While this may have been a "flag", it was definitely not a rational long setup.