This was a tricky stock to play as it was super choppy and the exaggerated wicks that were forming were highly manipulative. In retrospect I shouldn't have traded it because it was not producing a clean wedge pattern. It was pretty sloppy but I let the FOMO get the best of me today and traded a sub-par setup. However, I managed to scale out a little bit before I bottom-ticked the chart so my loss was miniscule.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-03-24 12:35:27 | CSCW | buy | $1.970 | long |
2021-03-24 12:41:15 | CSCW | sell | $2.060 | long |
2021-03-24 12:49:01 | CSCW | sell | $1.920 | long |
2021-03-24 12:49:01 | CSCW | sell | $1.920 | 0 |
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yup my hotkeys on webull app was acting up today while I was in play with stock. It would not sell using my hotkeys. I could have made easy 10 cents scalp but got frustrated and sold it for less. oh well ok, move on and prepare ahead next time. Learning experience for sure.
Chart was def choppy especially at 1 minute level.