Already Red in the premarket, Carried away with a hot market and hoping to capture big gains. I traded this like CTIB from Friday. The strategy is to buy dips and sell on the bounce back but instead, I kept adding on the losing trade.
Lesson Learned: Never add on the losing trade, even if you did once and did not work out its a clear indication not to do that again and again
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-06-15 09:00:20 | EDSA | buy | $9.310 | long |
2020-06-15 09:00:47 | EDSA | sell | $9.440 | long |
2020-06-15 09:01:45 | EDSA | buy | $8.750 | long |
2020-06-15 09:04:00 | EDSA | buy | $8.580 | long |
2020-06-15 09:07:28 | EDSA | sell | $8.000 | long |
2020-06-15 09:07:35 | EDSA | sell | $8.030 | long |
2020-06-15 09:09:04 | EDSA | buy | $8.250 | long |
2020-06-15 09:12:00 | EDSA | sell | $7.750 | long |
2020-06-15 09:14:07 | EDSA | sell | $7.530 | 0 |
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