Shared by
unik_BOWS
THe same mistake I made over and over today was that I didn't wait for confirmation that vwap break is going my way and I keep jumping in plays as soon as I see that first time vwap is broken. I should wait at least one more candle to see what happens, I think - please advise. In this case, vwap held it back and it clearly became a short play once MA's started curling down.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-02-13 13:09:18 | RCON | buy | $5.930 | long |
| 2014-02-13 13:21:36 | RCON | sell | $5.830 | 0 |
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