This is why I try not to jump in on chat trades.
The room was calling this one out as a short and I got myself to believe it was as well. Tried calling reversal candles, which I'm not great at, and had my first stop way too far away. Tried again with twice the size to make up for the first flub.
Bad trade setup, bad trade and risk management.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-11-18 09:33:17 | TSLA | sell | $446.200 | short |
2020-11-18 09:33:17 | TSLA | sell | $446.200 | short |
2020-11-18 09:42:07 | TSLA | buy | $453.890 | 0 |
2020-11-18 09:45:05 | TSLA | sell | $450.160 | short |
2020-11-18 09:45:05 | TSLA | sell | $450.150 | short |
2020-11-18 10:03:07 | TSLA | buy | $453.980 | short |
2020-11-18 10:03:07 | TSLA | buy | $453.990 | 0 |
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