Shared by
helltrader985
SOPA was in play due to news:
DEC 20, 2021: Society Pass to Be Added to Russell 2000 Index; Shares Surge Pre-Bell
- 10:35:39 - MA bounce play
- 10:38:21 - quick scalp for #1
- 11:14:40 - MA bounce play
- 11:55:45 - unclear setup, chase, held through a pullback not hitting it even when it went below stop level. Bad trade. Hold'n'hope
- 12:21:18 - flat top breakout/ascending triangle formation breakout. Good entry, quick exit here was reasonable due to the very extended nature of this price point. On the other hand, it did make a new HOD so it would've been reasonable to expect a continuation of the up move.
Some ok executions, failure to leverage the overall trend. That huge move on the open threw me off and 3 halts in a row made me think it was way too extended to play aggressive.
The hold'n'hope should become a felony. This one is unforgivable & shall be eradicated from my trades.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-12-20 10:35:39 | SOPA | buy | $7.090 | long |
| 2021-12-20 10:36:02 | SOPA | sell | $6.910 | 0 |
| 2021-12-20 10:38:21 | SOPA | buy | $7.180 | long |
| 2021-12-20 10:38:55 | SOPA | sell | $7.370 | 0 |
| 2021-12-20 11:14:40 | SOPA | buy | $8.610 | long |
| 2021-12-20 11:17:50 | SOPA | sell | $9.030 | 0 |
| 2021-12-20 11:55:45 | SOPA | buy | $11.400 | long |
| 2021-12-20 12:07:05 | SOPA | sell | $11.660 | 0 |
| 2021-12-20 12:21:18 | SOPA | buy | $12.150 | long |
| 2021-12-20 12:21:48 | SOPA | sell | $12.730 | 0 |
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