I assumed the SPY would bounce off yesterday's close and move higher. For this reason, I took AAPL long near its low of day. I was wrong. The spy conintued through yesterday's close and AAPL followed lower.
I should have waited for confirmation with a move higher or a higher low.
Stopped out for -1R
Wish I traded UPST short instead. It has a very weak daily. Didn't trade it due to what looked like ending volume the prior day
Toronto, ON
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-12-03 09:45:23 | AAPL | buy | $164.040 | long |
2021-12-03 09:52:33 | AAPL | sell | $163.510 | 0 |
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