Two trades in SNAP today that basically cancelled each other out. First trade had the proper plan and execution; SNAP had a level around 12.35 from the previous trading session so I bought this breakout/short squeeze. Unfortunately didn't add when I wanted to (around 12.42) and I didn't take partials/have the patience to hold through the chop around 12.60. Of course, SNAP rallied higher to $13 where my FOMO/emotions got the best of me - I got back in at 13.07 and put stop at 12.95 where I was stopped out for a small loss (but could've been much worse had I deviated from my plan). Ultimately should have stuck with my original position and worked off of that instead of getting out and back in :/
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-08-14 10:10:29 | SNAP | buy | $12.380 | long |
2017-08-14 10:16:19 | SNAP | sell | $12.570 | 0 |
2017-08-14 10:44:59 | SNAP | buy | $13.070 | long |
2017-08-14 10:46:23 | SNAP | sell | $12.940 | 0 |
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