Shared by
TrendSupporter
Entry on this was mostly FOMO so I took 1/10 position to help with FOMO. I was anticipating the vwap b/o and it running back to p/m high as a target. My other thesis was that since it was consolidating that it had a higher prob. of running again rather than it just being a bear p/b and dropping. My anticpation trades haven't worked in the past hence me taking small shares. Also I broke a rule of not entering near or below RSI 30.
Grade C because I knew it was fomo and added shares accordingly.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-03-05 08:01:00 | CANF | buy | $2.140 | long |
| 2020-03-05 08:01:00 | CANF | buy | $2.140 | long |
| 2020-03-05 08:15:00 | CANF | sell | $1.960 | long |
| 2020-03-05 08:15:00 | CANF | sell | $1.960 | 0 |
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