I knew a rebound always happen after a big washout. But I was a little too early on this. Cut my loss. Although it did rebound a good one dollar there, Lesson here is to go i9n with a smaller size, add when trade starts going your way, and wait for confirmation.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-03-09 10:41:00 | MOMO | buy | $31.010 | long |
2017-03-09 10:53:57 | MOMO | buy | $31.050 | long |
2017-03-09 10:59:24 | MOMO | sell | $30.560 | long |
2017-03-09 10:59:35 | MOMO | sell | $30.570 | 0 |
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