Shared by
SlikTradez
Very important lesson here: It's ok to switch biases! I started off long biased and was up $700 on it before market open. This does NOT mean I needed to stay long biased, which was my error. I should have seen the signs and noticed it was one of my go-to's that I usually short at market open. Lesson: Stay aware, know when to switch biases and be flexible. There was no need for this loss and could have actually been a solid win had I maintained my usual setup thesis.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-12-23 07:53:58 | UAVS | buy | $8.830 | long |
| 2020-12-23 08:00:35 | UAVS | buy | $8.790 | long |
| 2020-12-23 08:20:41 | UAVS | sell | $8.440 | long |
| 2020-12-23 08:21:03 | UAVS | buy | $8.520 | long |
| 2020-12-23 08:21:53 | UAVS | buy | $8.490 | long |
| 2020-12-23 08:31:08 | UAVS | buy | $8.200 | long |
| 2020-12-23 08:32:36 | UAVS | buy | $8.370 | long |
| 2020-12-23 08:45:40 | UAVS | buy | $8.270 | long |
| 2020-12-23 09:07:21 | UAVS | sell | $8.750 | long |
| 2020-12-23 09:07:58 | UAVS | sell | $8.740 | long |
| 2020-12-23 09:08:22 | UAVS | sell | $8.680 | 0 |
| 2020-12-23 09:11:45 | UAVS | buy | $8.570 | long |
| 2020-12-23 09:12:25 | UAVS | buy | $8.510 | long |
| 2020-12-23 09:17:59 | UAVS | buy | $8.320 | long |
| 2020-12-23 09:26:27 | UAVS | sell | $8.600 | 0 |
| 2020-12-23 09:27:27 | UAVS | buy | $8.600 | long |
| 2020-12-23 09:28:12 | UAVS | buy | $8.610 | long |
| 2020-12-23 09:29:37 | UAVS | buy | $8.470 | long |
| 2020-12-23 09:30:22 | UAVS | buy | $8.110 | long |
| 2020-12-23 09:31:33 | UAVS | buy | $7.940 | long |
| 2020-12-23 09:33:28 | UAVS | buy | $7.880 | long |
| 2020-12-23 09:34:45 | UAVS | buy | $7.600 | long |
| 2020-12-23 10:15:45 | UAVS | buy | $7.710 | long |
| 2020-12-23 11:13:14 | UAVS | sell | $7.360 | 0 |
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