Once again I made a FOMO trade. I should had never gone in it/ way below VWAP took the trade at 4.80 &exited at 3.80. A poor decision on my part. No Plan, just force a trade.
Lesson do not make a trade on the long side if is under VWAP/Place a feeler over VWAP with a STOP LOSS.
Reviewed Trade (ToS) and if I would just waited to see the price action of this ticker, I would had let me know that this ticker was on her way down and it never reclaim VWAP.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-06-16 09:57:25 | ROSEU | buy | $4.800 | long |
2020-06-16 10:03:55 | ROSEU | sell | $3.810 | 0 |
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