Shared by
handycandi_BOWS
Bought long when price went red to green on 5-min chart; set stop just below red to green spot. Sold half into spike; moved stop to buy price. Sold another fourth into spike. Moved stop up as needed to stay under 5-min VWAP. Sold another eighth into spike. Bought more shares when price bounced off VWAP; placed stop just underneath. Stopped out. Why am I consistently getting this pullback wrong - I can buy and it works, but when I add to what I have, it fails every time?
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-05-13 09:43:06 | FCSC | buy | $4.300 | long |
| 2015-05-13 09:45:29 | FCSC | sell | $4.450 | long |
| 2015-05-13 09:46:34 | FCSC | sell | $4.615 | long |
| 2015-05-13 09:52:01 | FCSC | sell | $4.750 | long |
| 2015-05-13 10:00:42 | FCSC | buy | $4.550 | long |
| 2015-05-13 10:13:52 | FCSC | sell | $4.250 | 0 |
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