Based on the Position MFE analysis, I was too slow in booking profit.
This seemed like a high-risk entry .
Break out or bail out style.
My mind and hands were to slow to hit the bid/ask as soon as profit was in sight.
Should be in a position to close trade once they go live.
No time to ponder given the bearish market we're in where pops and drops are normal.
Overall, this was not a bad trade as it could have turned into a loss should I hold longer.
Churning commissions though.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-05-23 09:32:36 | GOVX | buy | $2.140 | long |
2022-05-23 09:35:05 | GOVX | sell | $2.140 | 0 |
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