2020-06-20 20:23:39 - I am reviewing this trade after two months, I don't see any strategy on this trade. I would have bought this out of FOMO or expecting a dollar break.
Mistakes:
1. I would have waited for a pull back, for a good entry instead of jumping on the stock.
2. No one minute or 5 minutes strategy followed
3. Highest volume is on red candle and in spite of that I did the second trade without any strategy.
4. First trade I lost 50 cents per share and the same happened for the second trade. I should have bailed soon on both the trades.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-04-28 09:37:33 | NEON | buy | $4.930 | long |
2020-04-28 09:38:46 | NEON | sell | $4.750 | long |
2020-04-28 09:39:16 | NEON | sell | $4.400 | 0 |
2020-04-28 09:40:12 | NEON | buy | $4.270 | long |
2020-04-28 09:54:54 | NEON | sell | $3.770 | 0 |
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