Hello everyone! Shall I say: In the facebook trap.
Facebook Inc. (FB: NASDAQ) 2018.10.17 – 2018.10.30.
Opening price: 158,2 USD
Opening date: 2018.10.17.
Cost of transaction: 0,6%
Closing price: 140,25 USD
Closing date: 2018.10.30.
Result of the trade: -11,9%
This company gave a great opportunity to have an excellent entry point with a great risk-reward rate. I was expecting another bottom, but not this kind of. Although I did not set any stop loss levels the trade was not successful. And after stop loss orders of the market were activated, the opening price was over 150 by the next day. In the coming days, we’ll see if I’ve decided correctly.
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