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Hi Guys - I tried to take Fallen Angel trade on DAL at market open 1/14/2020. DAL has gapped up 4% pre-market. At the Open the stock pulled back towards the VWAP and I went long. After the stock dropped further 30 cents, I stopped out. I was taking this trade using DAS replay feature so I didn't have a chance to look at L2 during this trade.

Interested to hear thoughts on if this is a bad trade or if the trade just didn't work out. I am trying to analyze if I should have not taken this trade and couldnt find good reasons.

 

Thanks.

 

 

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