Bought ELYM as it was breaking the previous high on a leg moving up. Profit target was the HOD then NHOD. This was after my bigger loss which resulted in high emotions. I was originally somewhat satisfied with my loss being that it was small. However, looking back at the chart I see that I held it too long coming down and my exit should've been at 4.17. Failed Risk management small position saved me.
The second trade here was dabbling which is also a fail.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2024-04-11 07:45:24 | ELYM | buy | $4.300 | long |
2024-04-11 07:52:14 | ELYM | sell | $4.040 | 0 |
2024-04-11 08:13:06 | ELYM | buy | $4.280 | long |
2024-04-11 09:55:24 | ELYM | sell | $4.340 | 0 |
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