WORST TRADE TODAY
Its a late FOMO entry for the BO.
and i give it WAY WAY WAY too much room
It was really poor management
im just hoping it goes back up!!
and hope isn't a strategy!
Obviously if i had a bit of patience there was opportunities to get back in for the squeeze
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-10-09 10:15:07 | VVPR | buy | $16.650 | long |
2020-10-09 10:23:21 | VVPR | sell | $14.420 | 0 |
2020-10-09 10:26:57 | VVPR | buy | $14.780 | long |
2020-10-09 10:31:20 | VVPR | sell | $14.610 | 0 |
thanks for the comment. Im sick of getting stopped out on wicks down so didnt put in a hard stop. then I think hope took over. I'm actually normally good at taking my losses, so yeah it was a bad idea,
Yeah, I've been there too. A break of VWAP set up would have been nice. Had the right idea. Ripped nicely later in the morning. Shorts were in a panic.
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Tough one. Cut those losses quickly. That was way below the VWAP. Why didn't you cut your loss sooner?