Terrible trade here. Kept getting chopped because of risk. Good to cut my losses though. 1st trade was b/o of 4. Risk 3.93. It did a quick drop to 3.92. sold bid. It move back to 3.95 then ripped through 4 and went higher.
The second trade was @ the open. Saw an ABCD forming. Risking 3.58. It move to 3.90 after my entry then it dipped to 3.52. I got out. Later moved back up from 3.50s to 3.90+ then dipped even harder. Good that I cut my losses but never should've traded the open because it is just terrible FOMO trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-10-19 07:58:18 | BIMI | buy | $4.030 | long |
2020-10-19 07:59:11 | BIMI | sell | $3.950 | 0 |
2020-10-19 08:30:08 | BIMI | buy | $3.750 | long |
2020-10-19 08:30:26 | BIMI | sell | $3.520 | 0 |
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