Was looking for a squeeze on a MDB continuation when it failed to breakdown.
Decided to add when VWAP was holding. However did not feel comfy to move my original entries risk level.
So I bought more with risking a new level. Ended up risking more than my max loss.
Stock ended up failing and stopping me out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-06-13 11:11:00 | RDBX | buy | $17.198 | long |
2022-06-13 12:31:00 | RDBX | buy | $17.290 | long |
2022-06-13 12:46:00 | RDBX | sell | $16.500 | long |
2022-06-13 12:56:00 | RDBX | sell | $15.820 | 0 |
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