Shared by
menelik1
Bought way too late into the reversal, knowing the stock was overextended and got duped by a flash pullback. This seems to be your main issue; waiting for too much confirmation of the reversal and getting spooked out thinking you bought into something too overextended. Learn to take entries earlier if you identify a potential reversal and just accept the risk that comes with that entry. If you keep your risk levels tight and only play stocks with high reward potential then the risk will be well worth it.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2018-05-02 10:04:18 | CHEK | buy | $13.420 | long |
| 2018-05-02 10:08:02 | CHEK | sell | $13.440 | 0 |
Leave a comment about this 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!