Swinging for the fences is the right term. I tried to quickly trade the momentum on NIO but that turned out to be a soap series. Lots of ups and downs and I didn't know when to stop so I badly overtraded. Bagheld twice and eventually lost around 4R on this.
I need to review my momentum trading and set a number of rules to prevent bagholding and overtrading. Also I should jump less on the fomo gun.
Execution detail:
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