Top %Loss today.
Was probably an unnecessary trade at this stage in the day, paired with unrealistic expectations of what it can do.
Didn't respect how hard of a crack we had on that previous red candle.
Too much damage technically for 3:30 in the afternoon.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-01-22 15:22:28 | AMC | buy | $3.590 | long |
2021-01-22 15:42:38 | AMC | sell | $3.500 | 0 |
Yeah, bad trade overall. Shouldn't have gotten involved at that point, and should have taken the opportunity to cut at break even.
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I think you entered before there was confirmation of a continuation. Good exit.