ugh!!!!
bought in when a support level was exceeded on good volume. it moved up, I was locked into the ticker and 1 min chart and ignored the 5 min where it repeatedly fail to break through the next support level 3 doji candle stick(indicating reversal) I held into the open where it still couldn't break through the 14.70 support level and flushed down to 13.08 It consolidated there for about 5 mins then the bottom fell out. I held it cause i was angry(market don't care) and wanted price action and volume to return, it never did. I held till EOD sold at 8.36~
I know so many things wrong with this trade. Hopefully this helps someone NOT do what I did.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-07-23 09:26:53 | SCKT | buy | $14.450 | long |
2021-07-23 15:59:30 | SCKT | sell | $8.300 | 0 |
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