Strategy was break above 9EMA for reversal from LOD. Honored stop loss (loss of $20.40 support), so proud of that aspect of trade mgmt.; however, due to fast loss on 1-Minute candle @ 10:02am, and delays in execution, experienced considerable addl. slippage (filled @ $20.27 vs. ~ $20.40 desired, nearly 2x actual realized loss). Mistake to have tried to catch the falling Cannabis Knife on opening bullish pop today.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-01-02 09:55:53 | CGC | buy | $20.577 | long |
2020-01-02 10:02:35 | CGC | sell | $20.272 | 0 |
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