Shared by
TheScalpman
WORST TRADE OF THE DAY
This is a total FOMO frustration trade
and i was having a great morning so there was no need to be frustrated
Basically ive been trading MSFT for the last few days and watching FB and others pump
so i gave up on it and took it off my watch list
Even though the daily chart was lovely.
i just had enough of the slow boring movements.....
the one day it pumps $10 in 15 mins.... lol
standard
so i don take it well and see the pullback to VWAP late
so take it with a tight stop
and again
and again
terrible trading
all i had to do was wait for a pullback
but i tried to force it..
and it gave a pullback 1min after i was out of it
total lack of patience on my part
it would have been such a nice VWAP pullback bounce trade....
next time!
SO SO BAD
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-08-27 10:08:27 | MSFT | buy | $226.300 | long |
| 2020-08-27 10:09:18 | MSFT | sell | $226.020 | 0 |
| 2020-08-27 10:10:03 | MSFT | buy | $226.770 | long |
| 2020-08-27 10:11:04 | MSFT | sell | $226.672 | 0 |
| 2020-08-27 10:12:09 | MSFT | buy | $227.200 | long |
| 2020-08-27 10:12:45 | MSFT | sell | $226.170 | 0 |
| 2020-08-27 10:38:05 | MSFT | buy | $230.145 | long |
| 2020-08-27 10:38:34 | MSFT | sell | $229.910 | 0 |
| 2020-08-27 10:40:05 | MSFT | buy | $230.330 | long |
| 2020-08-27 10:40:18 | MSFT | sell | $230.130 | 0 |
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