WORST TRADE TODAY.
This was the mother of all stop outs!
i was bearish on it and had a great trade on it yesterday.
I traded it poorly today, there was no need to lose $200 it should have been $80
the first stop out didnt even reach the HOD i closed it out too soon cos i assumed it might pump past my stop.
so if i just kept my stop at the HOD, id have lost but only once
By reentering im getting a way worse price and losing on the same trade... twice
for the second stop out. it looked so so strong.
it put in my favorite pattern and im thinking this is going to pump.
It was so convincing i nearly flipped long.
LOL that would have been bad!!
so anyway it was a massive stop hunt and i was the meat
unfortunate it dropped just like i thought it would.
without me on board
it was pretty frustrating watching it
that pattern 3rd time touching YD high. is normally a good long setup, considering its at ATHs as well
looking back at the tape i didnt see much to say reenter or if it was a long
it dropped so fast, i didnt really have time to reenter,
but if i had of noticed the order book sooner i could have reentered with my stop at 114.21
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-08-28 09:43:57 | ABT | sell | $113.670 | short |
2020-08-28 09:44:48 | ABT | buy | $114.030 | 0 |
2020-08-28 09:46:27 | ABT | sell | $113.532 | short |
2020-08-28 09:53:42 | ABT | buy | $114.133 | 0 |
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