Yesterday pulled an afternoon fade. End of day dropped to a low of .146
In the end, it was a good trade idea, based off of favorable bankruptcy court news for a jump, but my entry point was terrible as I look at the SMA and other technicals. Should have waited for Power Hour to see the price action.
Trade review:
Noticed mid-day. Need to develop a more developed plan first, especially with the high spot price for the day.
In the future, wait until end of day and review price action. Do NOT get impatient for buy in. Missed is better than lost money.
Posted Nov 18, 20 11:27 AMbyGrey_Trader
Categories
Price Action: Afternoon Fades, Swing Trade Catalysts
Tickers
GPOR
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