Conclusion: ALWAYS Wait for a Valid Exit Indicator after you scale out (IMPORTANT)
Price Pulled back on low volume, just after crossing the VWAP, this was my signal to buy.
I should've waited for a Valid Exit Indicator.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-09-03 11:00:12 | KCAC | buy | $15.800 | long |
2020-09-03 11:00:12 | KCAC | buy | $15.800 | long |
2020-09-03 11:00:27 | KCAC | sell | $16.050 | long |
2020-09-03 11:00:59 | KCAC | sell | $15.900 | 0 |
That's a win in my book!
Thanks you two! It was definitely a win, but I'm always trying to find ways to make my trades even better!
Good luck out there Momo, and Buffalo.
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Nice trade! I agree with you about finding an exit indicator but I always end up taking profit too soon. We learn more day by day..