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EliBrown
My hail mary throw to end the day on a comparable green day to my last days. The stock was very oversold on the daily so I was looking to catch the bottom for a potential pop at the end of day. I entered 200 shares at 54.73 and 100 at 54.68 while the EMAs were beginning to flatten out (although not completely). This was a risky trade and I made it a lot worse by having to large of a position. It was not a good set-up and I was basically checked out for the day at this point. I held on right before the market close, hoping to see some sort of pop but didn't get it. I exited at 54.39 for a loss that could have been easily avoided.
Execution detail:
Comments
EliBrown
Very bad indeed, thank you for the feedback.
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Lesson learned, slap on the wrist. At least you know what you did wrong. If it had worked out profitably you may have been tempted to try it again. That would be a bad methodology to get into