Over held the long on the lunch time rip. Over trading and extremely poor risk management. This trade represents an attempt at a new strategy and risk should have been significantly reduced here! The trade obviously failed, but perhaps the strategy needs to be tweaked to take advantage of these reversal scalps.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-11-15 13:02:00 | PCG | buy | $18.170 | long |
2018-11-15 13:02:53 | PCG | sell | $18.033 | 0 |
2018-11-15 13:07:01 | PCG | buy | $18.627 | long |
2018-11-15 13:46:22 | PCG | sell | $18.330 | 0 |
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