CPNG Trade on Mar 11, 2021 15:34 from Fedism: Tradervue User Stock Trades.

CPNG is a ticker that I decided to swing with UT. UT believed in it and I wanted to trust in them. Not thinking of making my own analysis, I jumped into the trade.

I first started this trade on 3-11-2021, I bought it 2$ above the bottom of the candle on the day it IPO'd . I know I SUCK at IPO's but I really wanted to trade this, I guess its because I am not good at keeping still sometimes. I always want to make a trade. I never want to wait for the right entry. I sold for 50 cents per share profit the next day. Hoping to get a better entry.

The same day 3-12, I ended up buying CPNG at 49.20. I was thinking that perhaps that could be the bottom, of course I was wrong. EVEN Though I KNOW, I kept forgetting that the market is volatile, and while its Volatile, I should be a lot more greedy with my entries.

3-18, I bought 10 more shares and decided that I would wait for a place to exit. I could have broken even on 3/23 but I did not. I thought it would go higher, but instead in came back down. That is why when it broke even again on the 29th I sold.

CPNG 15 min

In hindsight, I should have thought to more, the break over the 200 MA on the 15 minute was meant to be support for a bullish case. But, I let my bias on the bearish divergence lead the trade. If I would have looked at the 1 hour or 4 hour, I think I would have stayed longer, but I could not. That's something to look at in the future. 5m,15m,30m charts for short term trend... ! hour, 4 hours and daily for longer term trend.