Longed it again with the goal of 2.20 lvl hold, but after talking to a MIC mod realized I was longing a stock with dilution, daily resistance (bag holders), below VWAP, and no strength out the gate. Two losses so far for the day. Used 1/2 size here since I was having more conviction as 10am approached. Great to have MIC in chatroom to help and give positive criticism on your losing trades.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-06-15 10:02:37 | BBI | buy | $2.340 | long |
2020-06-15 10:13:14 | BBI | sell | $2.180 | 0 |
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