I am an RSI reversion to mean trader. I usually day trade. So for this one I simply saw a gap wayy down. There was some news but I figured it was heavily overstated. Boy was I happy that I did not OVER leverage in this one or my gains would've been GONE. As usual I market bought on the open but got CRUSHED. I broke my rule of not adding to losers because the RSI was screaming buy me (under 5 in the morning). After two days of struggling I took my loss like a boss. Today if I held on I'd be positive but because I broke my rule I ate humble pie. You win some, you lose some :(. Positive is, I'm still alive to trade another day!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-06-14 09:30:03 | BOIL | buy | $92.860 | long |
2022-06-14 09:33:40 | BOIL | buy | $80.220 | long |
2022-06-14 12:31:19 | BOIL | sell | $79.020 | long |
2022-06-15 09:38:41 | BOIL | sell | $82.810 | 0 |
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