Shared by
walden
CRM gap up on result and guidance. Opening goes up then turning weak, tried to buy at the low to catch a rebound, but disappointing to see it goes lower. Cut loss immediately when bounce is not happening.
What I did Right: Cut loss quickly.
What I did Wrong: The stock was strong after market, I thought it will go up at least initially. I was totally wrong.
Where I could improve: I added 3 times, should add 2 times max if things not going my way.
Trade grade: E. Loss money but cut loss quickly.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-03-02 09:30:55 | CRM | buy | $192.710 | long |
| 2023-03-02 09:31:35 | CRM | buy | $191.750 | long |
| 2023-03-02 09:33:09 | CRM | buy | $191.260 | long |
| 2023-03-02 09:34:29 | CRM | sell | $190.720 | long |
| 2023-03-02 09:34:44 | CRM | sell | $191.550 | long |
| 2023-03-02 09:35:41 | CRM | sell | $191.590 | long |
| 2023-03-02 09:36:29 | CRM | sell | $190.220 | 0 |
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