Looking at this makes me go "wtf was I thinking?".
Took price long on break above VWAP. In retrospect, the price was already too extended from 9 EMA on the 5 for a valid entry. 9 EMA would have had to be tighter to VWAP for a valid entry. Stop should have been on break back below VWAP.
If I could go back in time and slap myself, I would.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-08-04 11:45:03 | WKHS | buy | $18.068 | long |
2020-08-04 11:45:45 | WKHS | buy | $18.077 | long |
2020-08-04 13:47:34 | WKHS | sell | $17.585 | 0 |
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