Shared by
Buffalomutt22
First trade bought for the break of 2.50 but it immediately rejected and flushed down. I decided to scale down and grab more size and then scaled out for small profit.
Second trade I used a bounce strategy. Bought on the huge drop after rejecting 2.50 yet again but it seems like I got in too early so I bought more as it continued down. With a lower average, I was able to take small profit but over all was a losing trade. Overall, poor trading on this stock.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-02-25 09:33:23 | COCP | buy | $2.490 | long |
| 2020-02-25 09:34:09 | COCP | buy | $2.260 | long |
| 2020-02-25 09:34:54 | COCP | buy | $2.260 | long |
| 2020-02-25 09:44:45 | COCP | sell | $2.370 | long |
| 2020-02-25 09:45:14 | COCP | sell | $2.430 | long |
| 2020-02-25 09:45:51 | COCP | sell | $2.440 | 0 |
| 2020-02-25 09:47:10 | COCP | buy | $2.290 | long |
| 2020-02-25 09:47:23 | COCP | buy | $2.210 | long |
| 2020-02-25 09:49:43 | COCP | sell | $2.280 | long |
| 2020-02-25 09:52:52 | COCP | sell | $2.230 | long |
| 2020-02-25 09:54:31 | COCP | sell | $2.270 | 0 |
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