I chased this trade at the open and caught the top of the spike...classic. Not sure what I was doing with the second trade. I think I was just trying to make my money back.
Learnings: I should have waited for the first pullback, which would have showed me that the stock was weak and I would not have traded it.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-08-18 09:31:55 | NBY | buy | $1.400 | long |
2020-08-18 09:34:50 | NBY | sell | $1.300 | 0 |
2020-08-18 09:40:48 | NBY | buy | $1.250 | long |
2020-08-18 09:44:51 | NBY | sell | $1.200 | 0 |
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