up pm on COVID-19 related news; not too interested in the news, but rather the headline. Entered on a dip risking the 6 lvl with the potential reward of it ripping to a NHOD with the help of buyers and a short squeeze. It dropped to 5.80 immediately and patiently held for a bounce and sold for a lost. I did excellent respecting my risk lvl by cutting losses quickly.
[HINDSIGHT]: looking at the daily chart and funny to see my buy and sells at the bottom wick of the candle. Ripped to nearly $15. I should have kept my eyes on it due to the massive volume being traded. I took a loss on this and just left it alone. I then traded $CANF and took another loss. Once I took those two losses I was mentally drained to even have mental capital to trade $WORX properly.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-04-13 09:39:18 | WORX | buy | $6.230 | long |
2020-04-13 09:42:25 | WORX | sell | $6.000 | 0 |
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