Missed the fact that SPY ran right into resistance on daily(197 area).Tried to go long on SVXY on 5 min and paid the price.Need to learn to cut losses quicker.
LEarnings - Multiple timeframes and avoid playing volatile ETFs until you get a experience.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-08-27 09:40:22 | SVXY | buy | $58.010 | long |
2015-08-27 09:48:14 | SVXY | sell | $57.230 | 0 |
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