Commodity was strong pre market on news of China stimulus. Tried to buy the stock in pre-market and did not get it. Did the stupid thing of chasing at 9:43. But go in a small way.
What I did Right: ARCH valuation is very low. Recently share pull back is big, so even after chasing still got some room to profit.
What I did Wrong: Should have get in at a lower level.
Where I could improve: Get in at first pull back on 1-min, but I was busy with MSFT at that time.
Trade grade: D
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-07-07 09:43:43 | ARCH | buy | $138.130 | long |
2022-07-07 10:39:02 | ARCH | sell | $141.120 | 0 |
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