Again, I managed to lose money on a stock that literally went up alll day!!!!!!!!!
I am losing confidence in trading.
Lessons - similar to FUBO - high price stocks need wider risk.
Looking ata the 5 min chart a good entry would have been around $16.10.
The only reason I took the first entry was because I was buying the break of $16.40ish. It kind of work but then rejected hard. My risk should have been VWAP or the low off the pull back instead of a really tight risk.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-04-09 11:55:06 | RICE | buy | $16.640 | long |
2021-04-09 12:02:51 | RICE | sell | $16.450 | 0 |
2021-04-09 13:02:00 | RICE | buy | $16.900 | long |
2021-04-09 13:23:08 | RICE | sell | $16.580 | 0 |
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