This 3rd trade was easily avoidable. I need to be more disciplined waiting for my opportunity to arise. I too even thought it was a VWAP retest for the shorts in play. UBER had many resistance levels near together I knew not to enter. I must be a hunter patiently waiting for all the conditions to align in my favor.
Risk Management was moderate I gave into FOMO
Back2Back FOMO
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-05-08 10:40:11 | UBER | buy | $32.490 | long |
2020-05-08 10:43:33 | UBER | sell | $32.280 | 0 |
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