ACY Trade on Apr 7, 2021 07:02 from JustAPenguin: Tradervue User Stock Trades.

Stock Analysis
-stock had been swinging up and down past few days with each swing having smaller gap. Drawing the upper and lower line show it crosses at $14.5 with 30min chart having macd 0.000. This indicate a huge change of trend is happening and in this case more likely to go down.

Strategy
-my aim is to short at 14.5-15.

Execution
-the strong downward move premarket make me FOMO at $12.73. Exit at a loss before the market open.
-market open with price reach $15 as my analysis but again waited too long to enter and it quickly fall and I enter only at $12.68.
-the stock further drop to $10.5 with possible profit of $200 but with the wrong entering mistake I made in mind, I refuses to cover my position. When I recheck the stock at 7, price had bounce back to $13.
-possible profit of $400 turn out to be a loss of $127 (efficiency -31.75%)

Lesson Learned
-most of my bad trade is due to bad entering, which result in even worst exit. Maybe try to think in such way next time: if I enter at my best price, what will I do then?