T11: Finally, when the red candlestick presented a long wick on top above EMA 9/20, I waited the confirmation from the 2nd red candlesticks to form mostly before entering into trade. I held on to it this time with signal from MACD confirming the beginning of downtrend for about 10mins before exiting. It's not perfect as it consolidated for another 10 mins before it further trend downwards. Wish I could have held longer, but it might also risk my trade if it turned against me.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-02-10 14:49:45 | UBER | sell | $38.670 | short |
2022-02-10 14:59:45 | UBER | buy | $38.320 | 0 |
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you trade too much you should limit yourself