I took the first long at vwap reclaim and 4.50 whole number, then sold way too early on a small pull back on consolidation. This shook me out because I just watched it rip 20 cents, and I was afraid of letting it come all the way back on me to 4.50.
I FOMO chased the second entry at hod break, and didn't sell into the exhaustion, thinking it might base at 4.70's and then rip to new highs for eod squeeze. However, this was me changing my plan from a scalp into a buy and hold. I should have stopped out on its next failed push, instead of waiting for confirmation that I was wrong. I could have took it off for a scratch and moved on. I was trying to hit an eod trade to save my PnL and make me more green on the day. Instead, it made me red.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-02-26 13:24:54 | SOLO | buy | $4.500 | long |
2019-02-26 13:38:26 | SOLO | sell | $4.560 | 0 |
2019-02-26 14:22:09 | SOLO | buy | $4.750 | long |
2019-02-26 15:06:41 | SOLO | sell | $4.580 | 0 |
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