Bounce Plays on $OGEN. Wasn't working. Small Losses. Good Trades.
What could've been done better:
1.Don't add to any trade whether winning or losing
2.Sell into strength
3.Don't force the trade.
I fail to recognize that it wasn't coming back after that lower high at 1.07.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-01-07 08:34:34 | OGEN | buy | $1.009 | long |
2021-01-07 08:36:01 | OGEN | sell | $0.9801 | 0 |
2021-01-07 08:37:42 | OGEN | buy | $0.9811 | long |
2021-01-07 08:39:51 | OGEN | sell | $0.9512 | 0 |
2021-01-07 08:42:38 | OGEN | buy | $0.9749 | long |
2021-01-07 08:46:17 | OGEN | sell | $1.030 | long |
2021-01-07 08:49:51 | OGEN | buy | $1.055 | long |
2021-01-07 08:52:45 | OGEN | sell | $1.010 | 0 |
2021-01-07 08:54:39 | OGEN | buy | $0.9799 | long |
2021-01-07 08:59:53 | OGEN | sell | $0.9501 | 0 |
2021-01-07 09:08:52 | OGEN | buy | $0.9178 | long |
2021-01-07 09:14:41 | OGEN | sell | $0.9179 | 0 |
2021-01-07 09:15:57 | OGEN | buy | $0.9298 | long |
2021-01-07 09:21:30 | OGEN | sell | $0.9022 | 0 |
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