2018-08-31 17:41:04
CVSI was shorting because it was a first red day and was looking for the pullback. In reality, we were on the front side of the move. Should have gotten long instead for shorting but the price action was holding and also somebody had the bid.
The ideal trade here was to go long where the support was holding and at 5.02 could have gotten a lot bigger here into the close for a 20 cents to a sqing trade for a morning spike. it eventually went to the 9s would a been an excelent risk reward from the 4.60s enntering up until lde 4.80 for a 3 to 1 which the ideal entery wat 4.60 would make it a 4 to 1
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-08-15 11:45:34 | CVSI | sell | $5.030 | short |
2018-08-15 11:49:16 | CVSI | sell | $5.020 | short |
2018-08-15 11:58:32 | CVSI | buy | $5.080 | 0 |
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