Shared by
Candide84
Timing was off on all trades. What saved me was following and mapping RSI on multiple time frames - 5 - 15 - 30 minutes.
Only had 45 minutes to trade this morning, that is also a wrong move.
First entry should be entered at $ 4.65.00 breaking premarket highs. Instead only got filled at $ 4.91.00 held it thru the halt existing at $ 5.00 I was not anticipating such a sharp pull back. Lost some $$$
Second entry starter position was timed incorrectly. Should have entered after pull back 3 minutes later at around $ 4.55.00 for a $ 0.25.00 cents move up. Once again RSI on multiple time frames saved the trade.
Small trades but green. Fast moving volatile stock that required patience.
This upload is more what not to do and teaching well timed entries protects from sharp pull backs and adding to increased profitability. Good luck!!!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-12-23 09:32:24 | FRSX | buy | $4.919 | long |
| 2020-12-23 09:38:01 | FRSX | sell | $5.002 | 0 |
| 2020-12-23 10:01:02 | FRSX | buy | $4.688 | long |
| 2020-12-23 10:04:29 | FRSX | buy | $4.750 | long |
| 2020-12-23 10:05:27 | FRSX | sell | $4.812 | long |
| 2020-12-23 10:06:13 | FRSX | sell | $4.782 | 0 |
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