small mkt cap up pm on news and a low-float; like playing these after the mkt opens trying to get near LOD and going for a spike where stubborn shorts squeeze themselves and buyers pile in hoping for a rip towards the highs for a NHOD. Despite the nice gain here, when it was treading near the LOD and seem to bottoming along with dying volume I got shaken out and decided to size down. My risk lvl of 1.80 never broke, but that's what I get for going full size and also getting in quickly due to FOMO. I need to learn to control my mind and not have the fear that I will miss the move. It's always better to miss a move then to get in too early and get shaken out only to find out your sell entry was the perfect entry to buy lol. As I stayed patient with half my size I got the ripped I was planning
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-04-20 09:45:52 | SFET | buy | $1.860 | long |
2020-04-20 09:54:30 | SFET | sell | $1.810 | long |
2020-04-20 10:02:16 | SFET | sell | $2.080 | 0 |
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