13 May 2021. AI is predicting that the close of 12 May 2021 will be a bottom and has purchased during the opening. Looks like there was a "flash crash" and the filled price was at 46949.18. This is quite far from the closing price.
The candlestick chart shows the spike.
Previous boxes show past trade results.
The candlestick chart shows the spike.
Previous boxes show past trade results.
Note
14 May 2021. Bottom called correctly but not a significant spike.Note
15 May 2021. Still holding on to the position.Note
17 May 2021. Still holding.Note
18 May 2021. Still holding.Note
19 May 2021. This may turn out to be a big loss. I'm thinking if the trading strategy should change from a single position to cost averaging. I'll see how it performs historically.Trade closed: stop reached
Finally sold at 39010.42 with a 15% loss. I actually retrained my model at it seems now to manage the previous crash better based on backtesting.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.