Shared by
Goku_BOWS
Terrible Trade management, ok trade idea.
Stock near all time highs and outside upper bolinger band on the daily, looked ripe for a flush.
Took a nice gain off the top reversal candle, partialed out most, then readded when it pulled back, and added more each time I thought it was ready and nearing a base breakdown. This was the problem, adding more to the position, even though I was in the green.
2nd breakdown attempt/trade went compeltely against me and I gave up and didn't exit, kept thinking it would finally flush and it just kept running.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-11-05 10:04:59 | NIO | sell | $39.530 | short |
| 2020-11-05 10:07:27 | NIO | sell | $39.520 | short |
| 2020-11-05 10:12:00 | NIO | buy | $39.200 | short |
| 2020-11-05 10:23:30 | NIO | buy | $38.520 | short |
| 2020-11-05 10:23:30 | NIO | buy | $38.520 | short |
| 2020-11-05 10:30:59 | NIO | sell | $38.920 | short |
| 2020-11-05 10:54:32 | NIO | sell | $38.640 | short |
| 2020-11-05 11:16:43 | NIO | sell | $39.380 | short |
| 2020-11-05 11:48:16 | NIO | buy | $39.630 | short |
| 2020-11-05 11:48:16 | NIO | buy | $39.630 | short |
| 2020-11-05 11:48:16 | NIO | buy | $39.620 | short |
| 2020-11-05 11:48:16 | NIO | buy | $39.630 | short |
| 2020-11-05 11:48:16 | NIO | buy | $39.630 | 0 |
| 2020-11-05 12:10:01 | NIO | sell | $39.500 | short |
| 2020-11-05 12:10:01 | NIO | sell | $39.500 | short |
| 2020-11-05 12:21:59 | NIO | sell | $39.285 | short |
| 2020-11-05 12:21:59 | NIO | sell | $39.285 | short |
| 2020-11-05 12:28:05 | NIO | sell | $39.200 | short |
| 2020-11-05 15:52:42 | NIO | buy | $42.050 | short |
| 2020-11-05 15:52:42 | NIO | buy | $42.050 | short |
| 2020-11-05 15:52:42 | NIO | buy | $42.050 | 0 |
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