2018-08-31 18:21:28
Bad trade for the inexperience that I had. Things to correct from the trade will be:
1. Do not add to a loser, when it's going against us.
2. This was never a LONG for the next factors
a. - The stock had a lot of bag holders
b. -The stock already was in a downtrend after spiking a lot( going supernova)
c. Should have got losses when it broke VWAP, at the retest at .66 cents
Ideal trade was going SHORT at the same entries you had for the buy, this would be a starter at the .69 and adding to the winner as the selling volume increased.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-11-17 09:34:41 | RLOG | buy | $0.6995 | long |
2017-11-17 09:42:51 | RLOG | buy | $0.6597 | long |
2017-11-17 09:52:09 | RLOG | buy | $0.6300 | long |
2017-11-17 09:55:35 | RLOG | sell | $0.5963 | 0 |
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