Found on the TOS scanner and put trend lines on it which I somehow believed formed a symmetrical triangle. I was completely wrong!
(B)-Buy (S)-Sell
MACDH=> 0.0050639(B) - 0.0006318(S)
MACDT=>(B) Below the moving average
Volume=> 17,000(B) - 2,600(S)
Shares=> 2000
RSI=> 65.7462(B) - 43.2239(S)
MACDT=>(S) Crossed and trending downward
OPEN:$1.219 ($2438.00)(B)
CLOSE:$1.1706 ($2341.20)(S)
P/L: -$96.80
Horrible trade! This is the dumb shit I was doing that caused the 4 consecutive red trades. I had no plan of action, I did not do enough research on the stock itself, I did not plan my entry and exit well, I did not consider the faded volume, I did not exit soon enough once I realized I had fucked up and because of all this I'm a dumbass for the day.
Overall Grade: (F--)*pie
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-12-16 14:20:43 | OPGN | buy | $1.219 | long |
2016-12-16 14:28:59 | OPGN | sell | $1.171 | 0 |
Yeah Noor, I was trying to catch a quick bounce. I was really chasing honestly! What is your usual reaction after a bad trade?
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
not too bad, i am very harsh on myself but one thing to notice is that it kept making lower low's i can see why you took it because for a bit it was making higher low.
looks like you entered because of fear of missing out, which gave you bad entry but good job on exit. saved yourself a bit of money