I entered this with the previous day 69.88 resistance in mind. I did mention in MIC chat I was waiting it to spike to 70.50. I was impatient and didn't wait and sure enough it spiked to 70.50 and dropped a quick .50. Would've been much easier money. Instead I didn't stick to my plan and let this thing run against me. There were several lines on the way up and I kept saying maybe this r lvl will hold. Horrible trade and messed with me mentally as well.
It reached 150% of my max loss and I still couldn't cut loss. Not happy with this at all.
Grade F
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-11-06 09:40:00 | IPHI | sell | $69.790 | short |
2019-11-06 15:18:00 | IPHI | buy | $71.400 | 0 |
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